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When President Harry Truman Said That He Wanted to Find

Question 170

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When President Harry Truman said that he wanted to find a one-armed economist because his economic advisors always said,"On the one hand...and on the other hand..." he recognized that the advice of economists is often equivocal.Why is their advice often equivocal?


A) Economists cannot make up their minds on policy matters.
B) Economists always disagree with each other on policy issues.
C) Economists are aware that tradeoffs are involved in most policy questions.
D) Economists are often unable to identify the critical questions involved in policy issues.

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