0
What are two reasons why economists have a reputation for giving conflicting advice to policymakers?
Economists often give conflicting advice to policy makers for two basic reasons: 1) economists may disagree about the validity of alternative positive theories about how the world works and/or 2) economists may have different values and therefore different normative views about what policy should try to accomplish
What else can I help you with?
Why don't economists agree on the same solutions to economic problems?
There are two main reasons that economists disagree when giving opinions to solve economic problems. Here are prime examples: * Economists do not come to the same conclusions when determining the validity of alternative assumptions of how the world's economy operates. With that said, their views of the sensitivity and impact of household savings to the resulting changes in the after tax return to saving; and * Economists work from different values. ( the prime example here is how an economist in the former USSR had different values than one in the United States) The two economists have different views about what policy should try to accomplish. So, they can have a fundamental differences of whether taxes should be raised for the redistribution of income.
Are fake goods bad?
Yes, fake goods can be detrimental for several reasons. They often lack quality and safety standards, posing risks to consumers. Additionally, counterfeit products can harm legitimate businesses by undermining their brand reputation and revenue. Furthermore, the production of fake goods is often linked to unethical labor practices and can contribute to economic instability.
What are the 5 importance of macroeconomics?
Macroeconomics is crucial for several reasons: it helps in understanding the overall economic performance and stability of a country, guiding policymakers in making informed decisions to manage inflation and unemployment. It aids businesses in forecasting economic trends, enabling better strategic planning and investment decisions. Additionally, macroeconomics provides insights into international trade and finance, influencing global economic interactions. Lastly, it plays a vital role in evaluating the impact of fiscal and monetary policies on economic growth and societal welfare.
Define international payments?
Payment made between countries, whether in settlement of a trade debt, as a unilateral transfer of funds, for capital investment, or for some other purpose. The reasons for such payments and the methods of making them and accounting for them are matters of concern to economists and national governments. International debts are settled either from accumulated balances of foreign currency or claims on foreign currency, or by loans from creditor to debtor, or by drawing on the International Monetary Fund, or by movements of gold. How a country balances its international accounts is one of the most important decisions for its balance of payments.
Reasons for unemployment?
Workers are unemployed when capitalists can’t make a profit from employing them.
What are 5 major reasons that people have conflict about?
Religion, Land, Drugs, Money, and conflicting opinions are some of the main ones.
What are the reasons for checking the professional reputation of commercial building contractors?
The reasons for checking the professional background and reputation of commercial building contractors is for your own peace of mind. There are far too many conman doing contract work and doing it very poorly.
Which sociological perspective would be most likely to point out that policymakers have both a humanitarian and a financial stake in promoting adoption?
A conflict theory perspective would likely point out that policymakers have a vested interest in promoting adoption due to the financial benefits that come with it, such as reduced strain on social welfare systems. They may also highlight how policymakers may use humanitarian reasons as a guise to advance their own interests and maintain power and control within society.
How can you both hate and adore your dog so intensely at the same time?
It does happen with any relationship. Love and hatred can mix due to conflicting reasons.
What type of people went on crusades and what were their reasons for going?
people went on crusades for many reasons like to please god, to runaway from the law, get more land or help their reputation
Why don't economists agree on the same solutions to economic problems?
There are two main reasons that economists disagree when giving opinions to solve economic problems. Here are prime examples: * Economists do not come to the same conclusions when determining the validity of alternative assumptions of how the world's economy operates. With that said, their views of the sensitivity and impact of household savings to the resulting changes in the after tax return to saving; and * Economists work from different values. ( the prime example here is how an economist in the former USSR had different values than one in the United States) The two economists have different views about what policy should try to accomplish. So, they can have a fundamental differences of whether taxes should be raised for the redistribution of income.
What are some reasons people have chossing a particular occupation?
wages, job satisfaction, fringe benefits, mobility, and business reputation.
What does notorietly mean?
"Notoriety" refers to the state of being widely known for negative or disreputable reasons. It often implies a reputation for something undesirable or scandalous.
Why student do not attand the classes?
Students may not attend classes for various reasons including illness, personal issues, lack of interest in the subject, conflicting commitments, or feeling disconnected from the material being taught. It is important for educators to understand and address the underlying reasons to help improve attendance rates.
Why is war good for America?
Its not,and if it were here are the reasons... 1 builds reputation 2 in wars people need to invent example Space Race invented the computer
What reasons does the newspaper clerk give major kovaloff for not being able to run his ad?
it would make them look silly and give the newspaper a bad reputation.
What are the reasons for people being fence sitters on important issues?
People may be fence sitters on important issues due to a lack of information, conflicting opinions, fear of making the wrong decision, or a desire to avoid conflict.
