In practice, economists: agree about what the level of potential output is but disagree about what policies are appropriate. disagree about what the level of potential output is but agree about what policies are appropriate. agree about what the level of potential output is and about what policies are appropriate. disagree about what the level of potential output is and about what policies are appropriate.

Question

Kendall Mayer

Business

11 April, 17:05

In practice, economists: agree about what the level of potential output is but disagree about what policies are appropriate. disagree about what the level of potential output is but agree about what policies are appropriate. agree about what the level of potential output is and about what policies are appropriate. disagree about what the level of potential output is and about what policies are appropriate.

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Samantha Terrell · Answer 1

agree about what the level of potential output is but disagree about what policies are appropriate.

Explanation:

Economic science is plural and has different observational perspectives. In general, economists agree on the level of output because there are advanced statistical techniques that measure this value, so there is not much to dispute. However, the economic measures that must be taken are the subject of divergence. For example, some economists think the state should be an active agent in the market, while others think the stateless market is more efficient.