Robert McTeer,the former President of the Federal Reserve Bank of Dallas,asserted in a commencement address that the study of economics
A) is more beneficial to those who are just starting their careers than to those who have moved up the career ladder.
B) helps students understand fallacies and unintended consequences.
C) has an unintended consequence itself, and it is that even serious students of economics usually fall for the broken window fallacy.
D) All of the above are correct.
Correct Answer:
Verified
Q9: The two basic reasons why economists often
Q13: "If all economists were laid end to
Q29: In principle,we can
A)ignore positive statements when choosing
Q41: Duties of the Council of Economic Advisers
Q61: Congress relies on economists at the Congressional
Q62: The Federal Reserve
A)designs tax policy.
B)enforces the nation's
Q176: The Council of Economic Advisors
A)was created in
Q177: You know an economist has crossed the
Q178: When economists make normative statements,they are
A)speaking as
Q185: In 2002,the Bush administration imposed temporary tariffs
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents