When Government Policies Are Being Designed

question 33

Multiple Choice

When government policies are being designed

• A) there is usually a tradeoff between equity and efficiency.
• B) equity and efficiency goals are usually independent of each other.
• C) equity can usually be achieved without a decrease in efficiency.
• D) increasing efficiency usually results in more equity.

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Definitions:

National Football League

A professional American football league consisting of 32 teams, divided between the National Football Conference (NFC) and the American Football Conference (AFC).

Football Draft

Football Draft is an event in professional American football where teams select eligible college football players to add to their rosters, based on an ordering system that typically rewards teams with poorer performance records.

Randomness

The lack of pattern or predictability in events.

Probability

A measure indicating how likely it is that an event will occur, expressed as a number between 0 (impossible) and 1 (certain).