7. Analyze in detail: “There need be no tradeoff between equality and efficiency. An efficient economy that yields an income distribution many regard as unfair may cause those with meagre income rewards to become discouraged and stop trying. Hence, efficiency is undermined. A fairer distribution of rewards may generate a higher average productive effort on the part of the population, thereby enhancing efficiency. If people think they are playing a fair economic game and this belief causes them to try harder, an economy with an equitable income distribution may be efficient as well.”