Register
President Ronald Reagan once joked that a Trivial Pursuit game designed for economists would a. have no questions but hundreds of answers. b. have 100 questions and 3,000 answers. c. have 1,000 questions
214k views
3 votes
President Ronald Reagan once joked that a Trivial Pursuit game designed for economists would a. have no questions but hundreds of answers. b. have 100 questions and 3,000 answers. c. have 1,000 questions but no answers. d. never produce a winner.

User Thaavik
by
3.2k points

2 Answers

1 vote

Answer:

b. have 100 questions and 3,000 answers.

Step-by-step explanation:

The reason was that the economics doesn't gives straight forward answers in most of situations. The economics theories though help in understanding of the economic situations and help it to make it better by numerous solutions and strategical options available. So he was right that the trivial pursuit game will have lower number of questions and greater number of answers.

User Eby
by
3.2k points
6 votes

Answer: b. have 100 questions and 3,000 answers.

Step-by-step explanation:

There are many jokes about Economists and their inability to agree on a definite approach. It's almost as if no matter the position one takes, there will always be an economist to support them.

This is why President Ronald Reagan famously said that, "there should be a Trivial Pursuit game for economists with 100 questions and 3000 answers".

User Brayden
by
3.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.4m questions

4.3m answers

Other Questions

Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
At first Rohan thought it was a good idea to offer a car repair pick-up service at his auto repair shop, but then he realized that most customers called Tow-It-Now Inc. and it would be difficult to match
Robusta Coffee Importers sold 7000 units in October at a sales price of $45 per unit. The variable cost is $20 per unit. The monthly fixed costs are $8000. Using the contribution income statement format,
Link Copied!