Suppose a Policy Change Will Generate $100,000 of Benefits for Low-Income

question 82

Multiple Choice

Suppose a policy change will generate $100,000 of benefits for low-income families and $120,000 of costs for high-income families. This change can best be described as

• A) Pareto efficient.
• B) inefficient.
• C) potentially efficient.
• D) equitable.

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Definitions:

Motivational Characteristics

Traits or factors that drive an individual's behavior and efforts towards achieving certain goals or tasks.

Task Characteristics

Attributes or aspects that define the nature of a task, including complexity, variety, autonomy, and significance.

Social Characteristics

The attributes that define and differentiate individuals in a society, including age, gender, ethnicity, and socioeconomic status among others.

Interdependence

A situation or condition where entities are reliant on each other to achieve goals or function effectively.