Max Headroom (character) Max Headroom is the name of a fictional faux computer-generated character, known for his wit and stuttering, distorted, electronically-sampled voice. The character was created by George Stone, Annabel Jankel and Rocky Morton and portrayed by Matt Frewer.
Equity or economic equality is the concept or idea of fairness in economics, particularly in regard to taxation or welfare economics.
Economic efficiency. In economics, the term economic efficiency refers to the use of resources so as to maximize the production of goods and services. An economic system is said to be more efficient than another if it can provide more goods and services for society without using more resources. In absolute terms, a situation can be called economically efficient if: âNo one can be made better off without making someone else worse off. âNo additional output can be obtained without increasing the amount of inputs. âProduction proceeds at the lowest possible per-unit cost.