Suppose a Policy Change Generates $90,000 of Benefits for Low-Income

question 102

Multiple Choice

Suppose a policy change generates $90,000 of benefits for low-income families and $150,000 of costs for high-income families. We can best describe the change as

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

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Definitions:

Automated Clearinghouses

Networks that facilitate electronic money transfers and automated payments between banks.