All societies face a trade off between efficiency and

Last updated: 4/24/2023

All societies face a trade off between efficiency and equality If the government lowers income taxes on Americans in the top one percent of earners while decreasing welfare payments to citizens with incomes below the federal poverty threshold the most likely result is in equality in the United States in efficiency and Match each definition to its appropriate concept Definition When a society gets the most it can from its scarce resources Equality O Efficiency