Economists Use the Word Equality to Describe a Situation in Which

question 43

Multiple Choice

Economists use the word equality to describe a situation in which

• A)each member of society has the same income.
• B)each member of society has access to abundant quantities of goods and services,regardless of his or her income.
• C)society is getting the maximum benefits from its scarce resources.
• D)society's resources are used efficiently.