Problem
Discuss the efficiency and equity implications of each of the following policies. How would you go about balancing the concerns of equity and efficiency in these areas?
a. The government pays the full tuition for every college student to study whatever subject he or she wishes.
b. When people lose their jobs, the government provides unemployment benefits until they find new ones.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.