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Business, 31.08.2021 02:10 34267

Suppose that Sean, an economist from a research institute in Texas, and Yvette, an economist from a nonprofit organization on the West Coast, are arguing over government bailouts. The following dialogue shows an excerpt from their debate: Yvette: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. Sean: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. Yvette: 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 todifferences in scientific judgments . Despite their differences, with which proposition are two economists chosen at random most likely to agree

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Suppose that Sean, an economist from a research institute in Texas, and Yvette, an economist from a...
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