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There Is Only One Explanation for Why Economists Give Conflicting

question 195

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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.


Definitions:

Goods

Tangible items that are manufactured or produced for sale and use, often referring to items of merchandise or inventory.

Right of Return

The right of return is a policy that allows customers to return purchased goods within a specified period for a refund, exchange, or credit.

Sales Revenue

Income earned from the sale of goods or services before any expenses are deducted.

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