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Suppose that Sean, an economist from an AM talk radio program, and Yvette, an economist from a public television program, are arguing over saving incentives. The following dialogue shows an excerpt from their debate:

Neha; A popular topic for debate among politicians as economists is the idea of providing government assistance for health.
Lorenzo: I think it is oppressive for the government tax people Who take care of themselves in order to pay for health insurance for those Who are obese.
Neha: I disagree. I think government funding of health insurance is useful to ensure basic fairness.

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?

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

1 Answer

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Answer:

The disagreement between these economists is most likely due to________

values judgement.

Despite their differences, the proposition which two economists chosen at random most likely to agree on is:

b. Lawyers make up an excessive percentage of elected officials.

Step-by-step explanation:

While economists tend to mainly disagree over differences in values and scientific judgment, they also disagree due to differences in perception over reality. They tend to disagree over methods and conclusions reached by different economists but tend to agree on non-economic issues whenever they are presented to them for assessment.

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