Question: Question 13 (Mandatory) (1 point) Efficiency occurs when all markets are in equilibrium. the economy has a fair and just distribution of income. unemployment is

Question 13 (Mandatory) (1 point) Efficiency occurs when all markets are in equilibrium. the economy has a fair and just distribution of income. unemployment is low and prices are stable. O the economy is producing what people want at least possible c Question 14 (Mandatory) (1 point) Resources are allocated efficiently when production occurs at least cost. profits are maximized. output is fairly distributed. everyone can afford what they want

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