Question: True or false? Explain your answer. a. Policy choice A and policy choice B attempt to achieve the same social goal. Policy choice A, however,
True or false? Explain your answer.
a. Policy choice A and policy choice B attempt to achieve the same social goal. Policy choice A, however, results in a much less efficient use of resources than policy choice B. Therefore, economists are more likely to agree on choosing policy choice B.
b. When two economists disagree on the desirability of a policy, it’s typically because one of them has made a mistake.
Step by Step Solution
3.33 Rating (144 Votes )
There are 3 Steps involved in it
Analyzing the statements a False Heres why Economists consider multiple factors not just efficiency ... View full answer
Get step-by-step solutions from verified subject matter experts
