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Economics

Answered

Discuss each of the following statements from your standpoint

1. “Everyone in society should be guaranteed the best health care possible.

2. “When workers are laid off, they should be able to collect unemployment benefits until they find a new job.”

Sagot :

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Answer:

At first, terms of equality and efficiency have to be determined.

Efficiency means getting more benefits from scarce resources. Principle of equity suggests fair distribution of benefits among all economic agents.

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