Sometimes Economists Disagree Because Their Values Differ

question 3

Multiple Choice

Sometimes economists disagree because their values differ.Which of the following instances best reflects this source of disagreement?

• A)One economist believes the North American Free Trade Agreement (NAFTA)has led to a loss of American jobs;another economist disputes this claim.
• B)One economist believes that when income taxes are cut,people will increase their spending;another economist believes that when income taxes are cut,people will increase their saving.
• C)One economist advises against increases in sales taxes because she thinks such increases are unfair to low-income people;another economist disputes the idea that increases in sales taxes are unfair to low-income people.
• D)One economist believes that,prior to the Civil War,slavery contributed to economic growth in the South;another economist believes that slavery held back the South's economic growth.

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Definitions:

Above The Knee

describes a location, procedure, or amputation that occurs higher on the leg than the knee.

Abbreviation

A condensed version of a word or expression.

Skeletal Muscle

a muscle that is connected at either or both extremities with a bone and so move parts of the skeleton; characterized by striated fibers.

Central Nervous System (CNS)

The part of the nervous system that consists of the brain and spinal cord, responsible for processing and sending out neural signals.