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Business, 16.05.2020 23:57 munch1239

In this class you have been introduced to the goals of efficiency (achieving the most net benefit) and equity (achieving more equal outcomes). The tradeoff between these goals can be seen in markets such as health care, labor, and housing. Explain how a policy maker's yalues regarding the importance of efficiency versus equity would cause them to intervene in a market, or leave it alone.

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