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Author Question: Suppose a policy change will generate $100,000 of benefits for low-income families and $120,000 of ... (Read 54 times)

xclash

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Question 1

Suppose a new government policy will generate $5,000 of benefits for local businesses and $3,000 of costs. This policy can best be described as


◦ Pareto efficient.
◦ inefficient.
◦ potentially efficient.
◦ equitable.

Question 2

Suppose a policy change will generate $100,000 of benefits for low-income families and $120,000 of costs for high-income families. This change can best be described as


◦ Pareto efficient.
◦ inefficient.
◦ potentially efficient.
◦ equitable.


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Marked as best answer by xclash on Apr 19, 2019

sabina576

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xclash

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


jamesnevil303

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  • Posts: 337
Reply 3 on: Yesterday
Excellent

 

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