Multiple Choice
Two advisors to the president have given their policy recommendations, and they are in disagreement.Why do these economists disagree?
A) Because they do not have all relevant information about the problem
B) Because they disagree on the nature of some cause-effect relationship
C) Because they have different values and opinions
D) All of the above are reasons for disagreements among economists.
Correct Answer:

Verified
Correct Answer:
Verified
Q19: Slope is measured as run/rise.
Q20: In the early 1800s, there was a
Q21: Individuals will have different value judgments about
Q22: Economists use models in order to<br>A)experiment with
Q23: Economists make assumptions because<br>A)this is a way
Q25: A theory is an explanation of the
Q26: It has been said that "economics is
Q27: In economic theorizing, common sense will always
Q28: Why might well-educated economists disagree on appropriate
Q29: Externalities affect only the buyer and seller