Question

The equality-efficiency trade-off suggests that: Group of answer choices economic growth is the best means of reducing poverty. welfare programs stimulate incentives to work. inefficiencies result when incentives to produce are reduced. noncash transfers are superior to cash transfers.

Answer 1

Answer:

economic growth is the best means of reducing poverty

Explanation:

The equity-efficiency tradeoff arise at the time when the market productive efficiency is maximized that could result in lower equitable outcomes. In the case when the market is non-equitable so there is non-equal access for wealth and income, good & services

So it is recommended that the economon growth should be considered as the best means for decreasing the poverty