In terms of the competing claims of equality and efficiency, in the United States we have
A)chosen greater wage inequality for lower unemployment.
B)chosen higher unemployment for less wage inequality.
C)both greater wage inequality and higher unemployment.
D)not faced a trade-off between wage inequality and unemployment.
E)been able to choose both less wage inequality and lower unemployment.

Question

Quizplus · Accepted Answer

The United States has chosen greater wage inequality for lower unemployment, reflecting a prioritization of efficiency over equality. This can be seen in policies such as the minimal regulation of labor markets, the weakening of labor unions, and the focus on increasing productivity through technological advances.

In Terms of the Competing Claims of Equality and Efficiency