Question

Equity is A. an exactly equal distribution of income. B. when poorer​ people's income is growing more rapidly than more wealthy​ people's income. C. the fair distribution of economic benefits. D. always achieved by the market.

Answer 1

Answer: The fair distribution of economic benefits.

Explanation:

Equity simply means giving everyone in a society equal opportunities regardless of their racial, religious, tribal or social background. In an economy if everyone present in that economy can enjoy the economic benefits, then equity has been achieved in that economy.