Policies based on positive economic ideas tend to decrease economic efficiency and reduce equity.

Name: Policies based on positive economic ideas tend to decrease economic efficiency and reduce equity.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Policies based on positive economic ideas, such as promoting innovation or increasing competition, can actually increase economic efficiency and reduce inequality. However, it is possible for well-intentioned policies to have unintended consequences and negative side effects.

Policies Based on Positive Economic Ideas Tend to Decrease Economic