Simone: Thanks to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. Rajiv: Indeed, it's gotten crazy! A government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. Simone: I don't know about that. Without a bailout of severely distressed financial firms, the economy will experience a deep recession. The disagreement between these economists is most likely due to differences in scientific judgments Despite their differences, with which proposition are two economists chosen at random most likely to agree? - Immigrants receive more in government benefits than they contribute in taxes. - Having a single income tax rate would improve economic performance. - Rent ceilings reduce the quantity and quality of available housing.



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