Which of the following statements is true?
A) Social planners are only concerned with efficiency and not equity.
B) Social planners are only concerned with equity and not efficiency.
C) For some, efficiency means an even distribution of goods across society.
D) For some, equity means an even distribution of goods across society.

Question

Quizplus · Accepted Answer

For some, equity means an even distribution of goods across society. This statement is true as equity involves fairness and ensuring that everyone has access to the same resources and opportunities, which can include an even distribution of goods across society. Social planners, in general, aim to balance both efficiency and equity in their decision-making.

Which of the Following Statements Is True