Asked by Derek Lewis on Jul 13, 2024
Verified
There is only one explanation for why economists give conflicting advice on policy issues, and it is that they have different values about what policy should try to accomplish.
Policy Issues
Concerns or problems that are the subject of public debate and governmental action, often requiring policy-making to address.
- Comprehend the rationales for differing viewpoints among economists and the range of economic ideologies.
Verified Answer
MK
Manoj KattelJul 18, 2024
Final Answer :
False
Explanation :
Economists may give conflicting advice due to differences in values, but also because of different theoretical models, interpretations of data, or forecasts about the future, among other reasons.
Learning Objectives
- Comprehend the rationales for differing viewpoints among economists and the range of economic ideologies.
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