"efficiency" is a hard term to nail down, and you're using it very vaguely here.
Generally, on a small scale, DC power is easier to work with. Electronics, in particular, use pretty much 100% DC power (thus the need for AC-DC transformers or power supplies with most electronic devices).
However, it's hard to get very high-voltage DC power, and transmission tends to be quite lossy. AC power is easier to transmit over long distances, and it's far easier to build a stepup transformer for AC power, which then lets you transmit it over long distances with less power loss. There's a *lot* more to it, but that's a start. If you're at Rutgers, take an EE/physics class or two.