Multiple Choice
Which of the following statements is true?
A) Taxing the wealthy will lead to a more efficient economy.
B) Taxing the poor will lead to a more equal distribution of income.
C) A basic trade-off exists between the goals of equity and efficiency for a society.
D) The forces of supply and demand will automatically lead to an equitable distribution of income.
Correct Answer:
Verified
Correct Answer:
Verified
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