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36. Economic and Social Goals Compare the figures below and then answer the questions that follow. a. If the diagram in Figure 1 represents “needs” and “wants,” how would you label the two diagrams in the figure? Explain your choice. b. If the two circles in Figure 2 represent the goals of economic security and economic equity, where would you place a federal policy such as the minimum wage law—in area A, B, or C? Explain your choice. ¢. If you were to change “Economic security” to “Economic efficiency” in Figure 2, would this change your placement of the minimum wage policy? How? Figure 1 Figure 2 Economic Economic security () equity