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Business, 15.10.2019 06:30 mianelson367

Suppose that brian, an economist from a business school in georgia, and crystal, an economist from a university in massachusetts, are arguing over government intervention. the following dialogue shows an excerpt from their debate:

crystal: the usefulness of government intervention in the economy is a long-standing issue that economists continue to debate.
brian: i feel that government involvement in the economy should be reduced because government programs cause more harm than good.
crystal: while i do agree that government programs can be inefficient, i really think they are necessary to the less fortunate.

the disagreement between these economists is most likely due to?
a. differences in values
b. differences in scientific judgment
c. differences in perception versus reality

despite their differences, with which proposition are two economists chosen at random most likely to agree?

a. minimum wage laws do more to harm low-skilled workers than them.
b. tariffs and import quotas generally reduce economic welfare.
c. lawyers make up an excessive percentage of elected officials.

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Answers: 1

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