Which set of policies is more likely to cause a tradeoff between economic output and equality: policies
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Which set of policies is more likely to cause a tradeoff between economic output and equality: policies of redistribution or policies aimed at the ladder of opportunity? Explain how the production possibility frontier tradeoff between economic equality and output might look in each case.
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Pure redistribution is more likely to cause a sharp tradeoff between economic output and equalit...View the full answer
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