The big tradeoff is the tradeoff between

Question

Quizplus · Accepted Answer

The big tradeoff refers to the tradeoff between equality and efficiency. In order to increase efficiency, there may need to be some reduction in equality, while policies that promote greater equality may reduce efficiency. This tradeoff is often seen in debates over taxation, as higher taxes may be used to fund programs to increase equality, but may also reduce incentives to work and invest, and decrease efficiency. Therefore, the best choice is B.

The Big Tradeoff Is the Tradeoff Between