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Over the Last 40 Years, the Gap Between the Rich

Question 94

Multiple Choice

Over the last 40 years, the gap between the rich and the poor in the United States has been increasing.Economists have justified this outcome by noting that


A) efficiency can never be achieved without greater inequality.
B) inequality is not a problem.
C) inequality is a desirable policy outcome.
D) inequality is a necessary consequence of achieving greater efficiency.
E) efficiency should be achieved regardless of the cost.

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