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All societies face a trade-off between equality and efficiency.
If the United States government raises the income taxes on the wealthiest Americans, while increasing welfare payments to the poorest Americans, the result will likely be ________ (increase/decrease) in efficiency and ________ (increase/decrease) in equality in the United States.

Respuesta :

zunesyed

Answer:

a decrease; an increase

Explanation:

The advantages of the trade-off between equality and efficiency are few and short-term because they affect economic growth. If the government tries to give money to the poor by taking it from the rich in the form of taxes increase the equality but at the same time, it affects the efficiency level of the whole economy. As long as rich people feel that they are being overpowered they work less which decrease the GDP and low overall efficiency.

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