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Suppose that an economist from a university in Arizona argues that a government

ID: 1148343 • Letter: S

Question

Suppose that an economist from a university in Arizona argues that a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets, while another economist from a of industrial relations argues that without a bailout of severely distressed financial firms, the economy ill experience school a deep recession. The disagreement between these economists is most likely due to differences between perception and reality differences in values differences in scientific judgments Despite such differences, with which proposition are two economi-

Explanation / Answer

Two economists chosen at random are most likely to agree that employers should not be restricted from outsourcing work to foreign nations, because evidence exists that about 90% of economists agree with this proposition. It would be harder to find two randomly chosen economists who both agree with either of the other propositions.

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