Business
Business, 16.04.2020 01:26, uverworldxdz4999

Suppose that Darnell, an economist from an AM talk radio program, and Eleanor, an economist from a school of industrial relations, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:

Eleanor: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.

Darnell: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.

Eleanor: 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 (differences in scientific judgments / differences in perception versus reality / differences in values).

Despite such differences, with which proposition are two economists chosen at random most likely to agree?

a. Business managers ought to be more concerned with minimizing costs than with maximizing profit.

b. Central banks should focus more on maintaining low unemployment than on maintaining low inflation.

c. Employers should not be restricted from outsourcing work to foreign nations.

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