The theory of how to grow GDP is
A) An equity concept while the theory of how to divide GDP is an equity concept.
B) An equity concept while the theory of how to divide GDP is an efficiency concept.
C) An efficiency concept while the theory of how to divide GDP is an equity concept.
D) An efficiency concept while the theory of how to divide GDP is an efficiency concept.

Question

Quizplus · Accepted Answer

The theory of how to grow GDP is focused on creating higher levels of economic efficiency, while the theory of how to divide GDP is focused on creating equitable distribution of income and goods. Therefore, the theory of growing GDP is primarily an efficiency concept, while the theory of dividing GDP is primarily an equity concept.

The Theory of How to Grow GDP Is