In the United States, the fact that the gap between the rich and the poor has been increasing is often justified by economists on the grounds that greater
A) efficiency can never be achieved without greater inequality.
B) inequality does not create any problems.
C) inequality is a desirable end in itself.
D) inequality is an undesirable consequence of greater efficiency.
E) efficiency should be achieved at any cost.
Correct Answer:
Verified
Q116: Suppose Tammy grew up on a farm
Q119: Consider the following information regarding a person's
Q121: Which of the following is an example
Q122: Rent control is usually justified on the
Q123: Because there is a trade-off between total
Q124: If a government enacts a rent control
Q125: Which of the following is an example
Q126: An article in a recent economics periodical
Q137: If Taiwanese workers can produce all goods
Q138: The law of comparative advantages explains why
A)advanced
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents