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Which statement is true concerning the relationship between efficiency and equity? A) Policies designed to increase efficiency will also increase equity. B) Policies designed to
Which statement is true concerning the relationship between efficiency and equity?
A) Policies designed to increase efficiency will also increase equity.
B) Policies designed to increase equity will also increase efficiency.
(C) Policies designed to increase efficiency may decrease equity.
(D) There is no trade-off between efficiency and equity if policies are fair.
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