A typical society strives to get the most it can from its scarce resources. At the same time, the society attempts to distribute the benefits of those resources to the members of the society in a fair manner. In other words, the society faces a tradeoff between

a.guns and butter.
b.efficiency and equality.
c.inflation and unemployment.
d.work and leisure.

Respuesta :

Option B

In other words, the society faces a tradeoff between efficiency and equality.

Explanation:

Trading off budgetary competence for more widespread dissemination of capital is frequently seen as an excellent societal intention. Remarkable statisticians view such a tradeoff as assert confirmation that more comprehensive equality and higher efficiency can co-exist.

Whenever a community converges on production, they expand efficiency, but that executes the pattern of benefits and supplies short fair everywhere the population, so they dissipate equality. The equity-efficiency tradeoff is often connected with standardizing economics that indicates desirability comments and declarations of "whatever ought to be."