Provide an introduction explaining whether/why economists should care about inequality. Your answer could refer to the social welfare framework

Economists should indeed care about inequality for several reasons. Firstly, from a social welfare perspective, inequality can lead to inefficient allocation of resources. This is because those with less income or wealth often have a higher marginal utility of income, meaning they would benefit more Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob