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Suppose that Carlos, an economist from a business school in Georgia, and Deborah, an economist from a university in Massachusetts, are arguing over government bailouts.

Suppose that Carlos, an economist from a business school in Georgia, and Deborah, an economist from a university in Massachusetts, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:

Deborah: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days.

Carlos: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets.

Deborah: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession.

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The last question I need is one of the options listed with a (-)

The disagreement between these economists is most likely due to (differences in values/differences between perception versus reality/differences in scientific judgements)

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

-Lawyers make up an excessive percentage of elected officials.

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

-Tariffs and import quotas generally reduce economic welfare.

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