When the government attempts to improve equity in an economy, what is often the result? a. an increase in overall output in the economy b. additional government revenue since overall income will increase c. an actual reduction in equity d. reduced efficiency in the economy
When the government attempts to improve equity in an economy, what is often the result? a. an increase in overall output in the economy b. additional government revenue since overall income will increase c. an actual reduction in equity d. reduced efficiency in the economy
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter18: Debates In Macroeconomics Over The Role And Effects Of Government
Section18.10: Demand-side And Supply Side Views Of The Economy And Government Tools For The Changing Real Gdp
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When the government attempts to improve equity in an economy, what is often the result?
a. an increase in overall output in the economy
b. additional government revenue since overall income will increase
c. an actual reduction in equity
d. reduced efficiency in the economy
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