Multiple Choice
Suppose a policy change will generate $180,000 of benefits for low-income families and $150,000 of costs for high-income and middle-class families. This change can best be described as
A) inefficient.
B) Pareto efficient.
C) potentially efficient.
D) equitable.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q31: Preferences have just shifted away from beef
Q32: Suppose a new government policy will generate
Q33: Open, competitive output markets ensure that households
Q34: _ is an example of a public
Q35: Suppose that a town has two major
Q37: If a donut shop runs a special
Q38: Voluntary exchange is a change that makes<br>A)
Q39: An example of a public good is<br>A)
Q40: Relating to the Economics in Practice on
Q41: If P<sub>X</sub> = MC<sub>X</sub>, society gains by