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Economists may offer conflicting advice because there are many schools of economic thought and modelling. Contrary to what many people think, though, economists do often agree on many subjects.

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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 is an economists job?

An economist applies specialist knowledge to real world events and developments, providing vital insights into their financial, political and social impact. Economists provide specialist advice by studying data and statistics and by using their understanding of economic relationships to uncover trends. Economists carry out considerable amounts of research and collect large amounts of information. They then analyses all the data they have combined to assess feasibility, produce forecasts of economic trends, determine the implications of their findings and make recommendations of ways to improve efficiency.


What services are provided by the Citizens Advice Bureau?

The Citizens Advice Bureau provide services that help people resolve issues surrounding money, legal and other issues by providing advice, information and influencing policy makers.


What does the council of economic advisors do?

Oh honey, the Council of Economic Advisors (CEA) is basically a group of smarty pants economists who give advice to the President on economic policy. They analyze economic trends, propose solutions to issues like unemployment and inflation, and basically try to keep the economy from going down the toilet. Think of them as the financial fairy godmothers of the White House.


What services does WebMD offer to consumers?

WebMD offers medical advice online. Like if you have a headache and you don't know what to treat. You will go on there and search your problem and a doctor will give medical advice.

Related Questions

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 three parts of the government regularly rely on help from economists?

Name Three partes of government that regularley rely on advice from economists


Why is financial advice sometimes biased?

Financial advice is sometimes biased because that is the nature of advice. It is one's own perspective and opinion on a particular subject. I hope this helped...


Can you create a sentence with the word advice?

Sometimes, advice is not worth what you've paid for it. That's good advice. I'll accept your advice.


Can you cashews with diverticulitis?

There has been conflicting advice on this, but the current recommendation is that a diet high in fiber, including nuts and seeds, can reduce the risk of a diverticulitis flare-up.


I have not had a period in two months and taken four pregnancy tests and they all say negative?

Best to seek one-to-one advice from a doctor if your body is showing conflicting signals.


Whose advice did FDR draw on to develop relief programs for the state?

FDR drew on the advice of a group of advisers known as the Brain Trust to develop relief programs for the state. This group consisted of economists, lawyers, and academics who provided him with expertise and guidance on economic and social issues.


What is an economists job?

An economist applies specialist knowledge to real world events and developments, providing vital insights into their financial, political and social impact. Economists provide specialist advice by studying data and statistics and by using their understanding of economic relationships to uncover trends. Economists carry out considerable amounts of research and collect large amounts of information. They then analyses all the data they have combined to assess feasibility, produce forecasts of economic trends, determine the implications of their findings and make recommendations of ways to improve efficiency.


Do CEO's have to respond to letters?

Its all depends what is the nature of the letter, sometimes yes, sometimes no, or the CEO might get some advice from his/her staff members.


What advice does the strange give the dude in the big lebowski?

"Sometimes you eat the bear and sometimes he eats you." "Do you have to use so many cuss words?"


What types of advice do consumer debt services provide?

Consumer debt services provide advice on how to deal with debt that is becoming a problem. These advice services can sometimes intercede with lenders and help negotiate lower repayment amounts.


Why might it sometimes be difficult for a President to rely on the advice of cabinet members?

Because they all have a personal agenda they are on .