"Dividing the economic pie more equally may reduce the size of the economic pie." This argument is characterized as:

Question

Quizplus · Accepted Answer

This argument refers to the conflict between equity and efficiency, meaning that efforts to distribute resources more fairly may negatively impact the overall productivity and growth of the economy. This highlights the trade-off between achieving greater equality and promoting economic growth, which can often be in conflict with each other.

"Dividing the Economic Pie More Equally May Reduce the Size