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8. Agreement and disagreement among economists Suppose that Sean, an economist from a
business administration program in Georgia, and Yvette, another economist from an investigative
reporting group, are both guests on a popular science podcast. The host of the podcast is
facilitating their debate over government intervention. The following dialogue represents a portion
of the transcript of their discussion: Yvette: The usefulness of government intervention in the
economy is a long-standing issue that economists continue to debate, Sean: I feel that
government involvement in the economy should be reduced because government programs cause
more harm than 900g. Yvette: While I do agree that government programs can be inefficient, I
really think they are necessary to help the less fortunate. 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? Central banks should focus more on
maintaining low unemployment than on maintaining low inflation. Business managers can raise
profit more easily by reducing costs than by raising revenue. Employers should not be restricted
from outsourcing work to foreign nations.

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8 Agreement and disagreement among economists Suppose that .pdf

  • 1. 8. Agreement and disagreement among economists Suppose that Sean, an economist from a business administration program in Georgia, and Yvette, another economist from an investigative reporting group, are both guests on a popular science podcast. The host of the podcast is facilitating their debate over government intervention. The following dialogue represents a portion of the transcript of their discussion: Yvette: The usefulness of government intervention in the economy is a long-standing issue that economists continue to debate, Sean: I feel that government involvement in the economy should be reduced because government programs cause more harm than 900g. Yvette: While I do agree that government programs can be inefficient, I really think they are necessary to help the less fortunate. 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? Central banks should focus more on maintaining low unemployment than on maintaining low inflation. Business managers can raise profit more easily by reducing costs than by raising revenue. Employers should not be restricted from outsourcing work to foreign nations.