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1. Define efficiency and Equity. State whether and to what extent equity/efficiency trade offs must occur in providing healthcare. Indicate whether you believe it is

1. Define efficiency and Equity. State whether and to what extent equity/efficiency trade offs must occur in providing healthcare. Indicate whether you believe it is more crucial to make the US healthcare system more equitable or more efficient and why you believe this. (300 -500 words, not including references).

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