Virtually All Economists and Policy Makers Agree That, Within Limits

question 15

Essay

Virtually all economists and policy makers agree that, within limits, higher employment is better. If this is true, couldn't the government create more employment by hiring people to dig holes and fill them in again? Is this good economic policy?

---

Definitions:

Scientific Assessment

The process of evaluating scientific data, methodologies, and findings to draw conclusions grounded in empirical evidence.

Perceptual Learning

The process of learning improved skills of perception, often through repeated exposure to certain stimuli or experiences.

Procedural Memory

A type of long-term memory that enables people to perform tasks without consciously thinking about them, often referred to as muscle memory, like typing or riding a bike.

Contacts

Connections or relationships with other people that can provide support, access to information, or resources.