The Equality-Efficiency Trade-Off Refers to

question 87

Multiple Choice

The equality-efficiency trade-off refers to

• A) the conflict between risk averters and risk takers.
• B) the willingness of Congress to abandon existing welfare programs in favor of a comprehensive plan to increase education and training for low-income persons.
• C) possible conflicts between the goals of economic efficiency and greater income equality.
• D) the difference between the goals of income equality and equality of economic opportunity.

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Definitions:

Systematic Racism

A form of racism that is embedded as normal practice within society or an organization, leading to discrimination and inequality.

Consensus Among Researchers

A general agreement or common findings among scientists or scholars on a particular academic issue or theory.

New York State Judicial Commission

A body tasked with overseeing the conduct of judges in New York State, ensuring they adhere to certain ethical standards.