True or false? Explain your answer. a. Policy choice A and policy choice B attempt to achieve

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True or false? Explain your answer.

a. Policy choice A and policy choice B attempt to achieve the same social goal. Policy choice A, however, results in a much less efficient use of resources than policy choice B. Therefore, economists are more likely to agree on choosing policy choice B.

b. When two economists disagree on the desirability of a policy, it’s typically because one of them has made a mistake.

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Macroeconomics

ISBN: 9781319098759

5th Edition

Authors: Paul Krugman, Robin Wells

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