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2. An important trade-off for a government is that between efficiency and equity. For example, redistribution of income from the rich to the poor is
2. An important trade-off for a government is that between efficiency and equity. For example, redistribution of income from the rich to the poor is achieved from a tax system that requires taxes to rise with income. And the goal of this tax system is equity. (1) Give one example of this trade-off, e.g. increase in national output but increase in inequality, increase in employment but increase in inflation, etc., where one may benefit while the other becomes worse off (50-100 words) and (2) paste the url or refer to the source of information at the end of your description
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