Suppose that Bob, an economist from a consulting firm, and Cho, another economist from a graduate program in the Northeast, are both guests on a popular science podcast. The host of the podcast is facilitating their debate over budget deficits. The following dialogue represents a portion of the transcript of their discussion: Cho: Most people recognize that the budget deficit has been rising considerably over the last century. We need to find the best course of action to remedy this situation. Bob: I believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits. Cho: I actually feel that raising the top income tax rate would reduce the budget deficit more effectively. The disagreement between these economists is most likely due to . Despite their differences, with which proposition are two economists chosen at random most likely to agree? Tariffs and import quotas generally reduce economic welfare. Lawyers make up an excessive percentage of elected officials. Minimum wage laws do more to harm low-skilled workers than help them