Suppose Two Economists Agree About Who Would Be Helped or Hurt

question 85

Multiple Choice

Suppose two economists agree about who would be helped or hurt by certain legislation,but disagree about whether the legislation would be a good idea.These disagreements

• A) are positive in nature
• B) are minor and rarely lead to different policies or conclusions
• C) are normative in nature
• D) occur as the result of a mistake made by an economist
• E) occur because economic models are more complex,and subject to error,than the real world

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Definitions:

Organization Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.

Ingratiation

A psychological technique aimed at making oneself more likable or favorable to others by means of flattery or other forms of manipulation.

Well-deserved Flattery

Genuine praise given to someone based on their actual achievements or qualities.

Rational Persuasion

A method of influencing others through the use of logical arguments and factual evidence.