Discuss the efficiency and equity implications

Reference no: EM131530225

Question: Discuss the efficiency and equity implications of each of the following policies. How would you go about balancing the concerns of equity and efficiency in these areas?

a. The government pays the full tuition for every college student to study whatever subject he or she wishes.

b. When people lose their jobs, the government provides unemployment benefits until they find new ones.

Reference no: EM131530225

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