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EFFICIENCY AND EQUITY 1- There are many public goods, services, and transfers in our economy that exist for other reasons than market failure. What are

EFFICIENCY AND EQUITY

1- There are many public goods, services, and transfers in our economy that exist for other reasons than market failure. What are some reasons why?

2- What are your thoughts on the trade-offs of efficiency for equity? Are you now clear on these deep concepts?

3- What do you feel is at stake in managing this balance?

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