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Agreement and disagreement among economists Suppose that Tim, an economist from a university in Arizona, and Alyssa, an economist from a public television program, are arguing over government intervention

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Agreement and disagreement among economists

Suppose that Tim, an economist from a university in Arizona, and Alyssa, an economist from a public television program, are arguing over government intervention. The following dialogue shows an excerpt from their debate:

Alyssa: The usefulness of government intervention in the economy is a long-standing issue that economists continue to debate.

Tim: I feel that government involvement in the economy should be reduced because government programs cause more harm than good

Alyssa: While I do agree that government programs can be inefficient, I really think they are necessary to help the less fortunate.

1. The disagreement between these economists is most likely due to _____.

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

A. Minimum wage laws do more to harm low-skilled workers than help them.

B. Lawyers make up an excessive percentage of elected officials.

C. Tariffs and import quotas generally reduce economic welfare.