Business, 05.06.2020 16:59 GreatBaconGamer

Suppose that Paolo, an economist from a university in Arizona, and Sharon, an economist from a university in Massachusetts, are arguing over government bailouts. The following dialogue shows an excerpt from their debate: Sharon: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.
Paolo: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.
Sharon: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.

The disagreement between these economists is most likely due to . Despite their differences, with which proposition are two economists chosen at random most likely to agree?

a. Lawyers make up an excessive percentage of elected officials
b. Minimum wage laws do more to harm low-skilled workers than help them.
c. Tariffs and import quotas generally reduce economic welfare.

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Suppose that Paolo, an economist from a university in Arizona, and Sharon, an economist from a unive...

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