An efficient market economy can support an equitable distribution of income if resources are equitably distributed.

Name: An efficient market economy can support an equitable distribution of income if resources are equitably distributed.
Brand: Quizplus
Rating: 4.8 (48 reviews)

Question

Quizplus · Accepted Answer

In an efficient market economy, if resources are initially distributed equitably, the market can support an equitable distribution of income because everyone has equal opportunity to participate and benefit from economic activities.

An Efficient Market Economy Can Support an Equitable Distribution of Income