When the government attempts to improve equity in an economy, what is often the result? a. an increase in overall output in the economy b. additional government revenue since overall income will increase c. an actual reduction in equity d. reduced efficiency in the economy
When the government attempts to improve equity in an economy, what is often the result? a. an increase in overall output in the economy b. additional government revenue since overall income will increase c. an actual reduction in equity d. reduced efficiency in the economy
Chapter11: Gross Domestic Product
Section: Chapter Questions
Problem 6SQP
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When the government attempts to improve equity in an economy, what is often the result?
a. an increase in overall output in the economy
b. additional government revenue since overall income will increase
c. an actual reduction in equity
d. reduced efficiency in the economy
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