If a society wishes to achieve a high degree of efficiency, then it must also accept a high level of inequality."

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
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Indicate True (T) or False (F) for the following question, and explain your answer in 50 words

"If a society wishes to achieve a high degree of efficiency, then it must also accept a high level of inequality."

 

 

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