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Author Question: Why do social and economic policies often involve a tradeoff between efficiency and equity? Because (Read 254 times)

0220521

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on: Oct 12, 2022
Why do social and economic policies often involve a tradeoff between efficiency and equity? Because
◦ the economy can achieve efficient allocation of resources by starting with unequal allocation of resources.
◦ income redistribution often reduces incentives for efficient behaviour of economic units.
◦ income redistribution increases incentives for efficient behaviour of economic units.
◦ economic units who are efficient completely dislike equity.
◦ it is not possible to improve efficiency with economic policies.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by 0220521 on Oct 12, 2022

wangyichun

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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0220521

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

kishoreddi

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Reply 3 on: Yesterday
Excellent

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