The belief that monetary transactions are mutually beneficial
Description
Results from a survey run in Guatemala. Almost 1.500 university students completed the questionnaire about their belief on the mutually beneficial nature of market exchanges. Our findings are in line with previous research that shows how economics students are more favorable towards the price system compared to students from other disciplines. However, our results paint a more complex picture that calls into question some of our initial hypotheses. Contrary to our expectations, we found that Guatemalan students across various disciplines, including economics, hold similar views on the mutual benefits of voluntary exchanges. However, consistent with patterns seen in developed nations, students specializing in economics show a stronger propensity than their non-economics peers to view monetary exchanges as mutually beneficial. Moreover, as we hypothesized, economics students display a higher degree of consistency in their opinions regarding both voluntary and monetary exchanges