Public policies
A)may be able to improve either economic efficiency or equality.
B)may be able to improve economic efficiency but cannot improve equality.
C)may be able to improve equality but cannot improve economic efficiency.
D)cannot improve either equality or economic efficiency.

Question

Quizplus · Accepted Answer

Public policies can be designed to improve economic efficiency by removing market inefficiencies or externalities, and they can also be designed to improve equality by redistributing resources or promoting equal access to opportunities. However, it is often a trade-off between these two goals, and policymakers must weigh the costs and benefits of different policies in achieving both efficiency and equality.

Public Policies