The United States President decides to raise tariffs on all imports of goods and services from China by 30%. Several studies and analyses have highlighted the costs and benefits of this policy. Which of the following are more likely to be unbiased studies/analyses, and which ones are more likely to be biased? - An article on the New York Times by a Nobel-prize winning economist who serves in the current Administration - A peer-reviewed article published on the Scientific Journal "Econometrica" by a Nobel-prize winning economist who serves in the current Administration A working paper (i.e. not yet published) by an Economist which was funded through a research grant from the National Science Foundation to study trade policy - A working paper (i.e. not yet published) by an Economist which was funded through a research grants awarded by the a think- tank that supports the ideology of the opposition party A. More likely to be biased B. More likely to be factual/unbiased C. More likely to be biased D. More likely to be factual/unbiased
The United States President decides to raise tariffs on all imports of goods and services from China by 30%. Several studies and analyses have highlighted the costs and benefits of this policy. Which of the following are more likely to be unbiased studies/analyses, and which ones are more likely to be biased? - An article on the New York Times by a Nobel-prize winning economist who serves in the current Administration - A peer-reviewed article published on the Scientific Journal "Econometrica" by a Nobel-prize winning economist who serves in the current Administration A working paper (i.e. not yet published) by an Economist which was funded through a research grant from the National Science Foundation to study trade policy - A working paper (i.e. not yet published) by an Economist which was funded through a research grants awarded by the a think- tank that supports the ideology of the opposition party A. More likely to be biased B. More likely to be factual/unbiased C. More likely to be biased D. More likely to be factual/unbiased
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:The United States President decides to raise tariffs on all imports of goods and services from China by 30%. Several studies and analyses
have highlighted the costs and benefits of this policy. Which of the following are more likely to be unbiased studies/analyses, and which ones
are more likely to be biased?
-An article on the New York Times by a Nobel-prize winning
economist who serves in the current Administration
A peer-reviewed article published on the Scientific Journal
"Econometrica" by a Nobel-prize winning economist who serves
in the current Administration
A working paper (i.e. not yet published) by an Economist which
was funded through a research grant from the National Science
Foundation to study trade policy
A working paper (i.e. not yet published) by an Economist which
was funded through a research grants awarded by the a think-
tank that supports the ideology of the opposition party
A. More likely to be biased
B. More likely to be factual/unbiased
C. More likely to be biased
D. More likely to be factual/unbiased
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