CENGAGE MINDTAP Module One Quiz Back to Assignment Attempts Keep the Highest / 2 4. Equality versus efficiency Match each definition to its appropriate concept. Definition Efficiency Equality When economic benefits are distributed uniformly across society O O When a society gets the most it can from its scarce resources O O All societies face a trade-off between equality and efficiency. If the United States government lowers the income taxes on the wealthiest Americans, while decreasing welfare payments to the poorest Americans, the result will likely be a decrease * in efficiency and an increase * in equality in the United States. Grade It Now Save & Continue Continue without saving