Put the Following Statement into Symbolic Notation, Using Appropriate Letters

question 16

Short Answer

Put the following statement into symbolic notation, using appropriate letters to abbreviate atomic components.
The times are easy and the living is good.

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Definitions:

Equity

Fairness or justice in the way people are treated or how resources and wealth are distributed.

Efficiency

A measure of how well resources are used to produce goods and services without waste.

Trade-Off

A comparison of costs and benefits of doing something.

Society's Goals

The collective aims or objectives sought after by a group of individuals living as a community or society.