Imagine that the economy resembles a pie.In this analogy,________ concerns with growing the size of the pie,while ________ concerns with how the pie if distributed among the people.

Question

Quizplus · Accepted Answer

The analogy suggests that one aspect of the economy is concerned with growing the size of the pie, which aligns with the concept of efficiency in economics. The other aspect is concerned with how the pie is distributed, which aligns with the concept of equity. The best choice is D, as it matches these concepts with the correct terms.

Imagine That the Economy Resembles a Pie