11. Agreement and disagreement among economists
Suppose that Dmitri, an economist from a research facility in Washington, and Frances, 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 budget deficits. The following
dialogue represents a
portion of the transcript of their discussion:
Frances: Most people recognize that the budget deficit has been rising considerably over the last century. We need to find the best
course of action to remedy this situation.
Dmitri: I believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits.
Frances: I actually feel that raising the top income tax rate would reduce the budget deficit more effectively.
The disagreement between these economists is most likely due to
Despite their differences, with which proposition are two economis
Rent ceilings reduce the quantity and quality of available
Having a single income tax rate would improve economi
differences in scientific judgments
differences between perception versus reality
differences in values
Immigrants receive more in government benefits than they contribute in taxes.
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