Question

Guaranteeing everyone in society the best healthcare possible will likely________ (increase or decrease) equality and ________ (increase or decrease) efficiency.
Paying laid-off workers unemployment benefits until they find a new job will likely _______ (increase or decrease) equality and ______ (increase or decrease) efficiency.

Which of the following provides an explanation for your answers regarding efficiency?

a) People will work more hours than is optimal.
b) There will likely be insufficient job openings.
c) Too many workers will want to become medical doctors.
d) People may overconsume healthcare and reduce their effort when searching for a job.

Answer 1

Answer:

Guaranteeing everyone in society the best healthcare possible will likely increase equality and decrease efficiency.

Paying laid-off workers unemployment benefits until they find a new job will likely increase equality and decrease efficiency.

d) People may overconsume healthcare and reduce their effort when searching for a job.

Explanation:

Hope this helps!