Question

The debate over income inequality is in large part based on the trade-off between                           

       equality and

1. Growth and efficiency
2. Unemployment
3. Inflation
4. Laissez-faire economics

Answer 1

The debate between income inequality is largelythe basis of growth and efficiency versus equality because if you strive for equality then higher progressive taxation can be motivate the rich people to work and innovate as a result of which economic growth might not be possible and efficiency achieving is also not possible and that is why it is very difficult for the government to decide what to take more priority of and that's why

(A) is the answer to this question

Unemployment inflation and laissez faire Economicsnot the answer because these are single macro topics while equality and growth are huge micro topics which include all the the given variables on the whole

Therefore (B,C,D) are wrong