Explain equality-efficiency tradeoff


The equality-efficiency tradeoff best describes the:

A. tradeoff between a lower benefit-reduction rate and a higher break-even level of income maintenance plans.

B. failure to include noncash benefits in calculating the poverty rate.

C. inequities in Temporary Assistance for Needy Households benefits among the various states.

D. the choice between "more equality and less output" and "less equality and more output."

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Microeconomics: Explain equality-efficiency tradeoff
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