government bailout of severely distressed? ...financial firms is unnecessary because free markets will properly price assets, while another economic from a school of industrial relations argues that without a bailout of severely distressed financial firms, the economy will experience a deep recession.
The disagreement among these economists is most likely due to:
A). differences in scientific judgments
B). differences in perception vs. reality
C). differences in values
Despite such differences, with which proposition are two economists chosen at random most likely to agree?
A). Minimum wages raise unemployment among less skilled workers
B). Tariffs & import quotas generally reduce economic welfare
C). Lawyers make up an excessive percentage of elected officials
Are the answers A (1st question) and B (2nd question)? THANK YOU!
The disagreement among these economists is most likely due to:
A). differences in scientific judgments
B). differences in perception vs. reality
C). differences in values
Despite such differences, with which proposition are two economists chosen at random most likely to agree?
A). Minimum wages raise unemployment among less skilled workers
B). Tariffs & import quotas generally reduce economic welfare
C). Lawyers make up an excessive percentage of elected officials
Are the answers A (1st question) and B (2nd question)? THANK YOU!