8 Agreement And Disagreement Among Economists Suppose That Brian An Economist From A University In Arizona And Crysta 1 (30.75 KiB) Viewed 51 times
8. Agreement and disagreement among economists Suppose that Brian, an economist from a university in Arizona, and Crystal, an economist from a university in Massachusetts, are arguing over budget deficits. The following dialogue shows an excerpt from their debate: Crystal: Most people recognize that the budget deficit has been rising considerably over the last century. We need to find the best course of action to remedy this situation. Brian: I believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits. Crystal: I actually feel that raising the top income tax rate would reduce the budget deficit more effectively. The disagreement between these economists is most likely due to Despite their differences, with which proposition are two economists chosen at random most likely to agree? Tariffs and import quotas generally reduce economic welfare. Lawyers make up an excessive percentage of elected officials. O Minimum wage laws do more to harm low-skilled workers than help them.
8. Agreement and disagreement among economists Suppose that Brian, an economist from a university in Arizona, and Crystal, an economist from a university in Massachusetts, are arguing over budget deficits. The following dialogue shows an excerpt from their debate: Crystal: Most people recognize that the budget deficit has been rising considerably over the last century. We need to find the best course of action to remedy this situation. Brian: I believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits. Crystal: I actually feel that raising the top income tax rate would reduce the budget deficit more effectively. The disagreement between these economists is most likely due to differences in scientific judgments Despite their differences, with which proposition are two economis differences in values Tariffs and import quotas generally reduce economic wel differences between perception versus reality Lawyers make up an excessive percentage of elected off O Minimum wage laws do more to harm low-skilled workers than help them.
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