If in Equitania,20% of the Population Receive 80% of the Income

Multiple Choice

If in Equitania,20% of the population receive 80% of the income and the remaining 80% of the population receive 20% of the income,Equitania's economy:

A) is efficient.
B) cannot be efficient since efficiency requires a more nearly equal distribution of income.
C) may be efficient.
D) is neither efficient nor equitable.