According to the Authors of Your Text, Whatever Distribution of Income

question 37

Multiple Choice

According to the authors of your text, whatever distribution of income society chooses, an ________ allocation of resources is preferred to an _______ one.

• A) inefficient; efficient
• B) efficient; equitable
• C) equitable; efficient
• D) efficient; inefficient

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Definitions:

Right from Wrong

The moral or ethical discernment between acceptable and unacceptable actions or decisions.

Legal

Pertains to matters related to the law, including legislation, rights, obligations, and the judicial system.

Illegal Behavior

Actions or activities that are forbidden by law and subject to legal penalties.

Integrity

The quality of being honest and having strong moral principles, or moral uprightness.