![samancolby873](/avatars/5213.jpg)
samancolby873
15.01.2020 •
History
Milton friedman led a new economic school of thought called
a) laissez faire.
b) monetarism.
c) price signaling.
d) the invisible hand.
Solved
Show answers
More tips
- F Food and Cooking How to Make Lazy Cabbage Rolls? Simple Steps to a Delicious Dish...
- F Food and Cooking Unusually Delicious Shashlik - Follow the Etiquette of Proper Preparation!...
- L Leisure and Entertainment Couchsurfing: A New Way to Travel...
- G Goods and services Which TV is better - LCD or Plasma?...
- S Sport How to Learn to Pull Up on Monkey Bars?...
- L Leisure and Entertainment Scrapbooking: What is it and Why is it Becoming More Popular?...
- C Computers and Internet Where did torrents.ru move to?...
- B Business and Finance Understanding Cash Flow: What It Is and How It Works...
- C Computers and Internet What Are Peers and Seeds in Torrenting?...
- H Health and Medicine 10 Simple Techniques on How to Boost Your Mood...
Answers on questions: History
- H History Why did california s request to be admitted into the union cause a problem?...
- H History 1how did prominent figures of the gilded age, such as andrew carnegie, both support and challenge the social order of the time? a. they argued that government needed to...
- H History why was it unusual that the first draft of the Declaration opposed slavery? Because Hancock, who wrote the first draft was a very wealthy merchant who owned many slaves...
- H History In the Declaration of Independence what was self-evident (obvious)?...
- H History What do most Jews think about smoking and why...
- H History What qualities do you think make up the American Character now? I need at least 3 :)...
- H History Can prosperity be achieved without exploiting others? ( In your own word) *2-3 sentences...
- H History Which of the following is a major cause of revolutions against european colonial rule in latin america...
- H History Who rejected the traditional values of the establishment during the 1960s? a. the era s counterculture b. democratic party c.the majority of the population d. young americans...
- H History What was the main purpose of trenches? to create a diversion to confuse the enemy to provide protection from bullets and bombs to hold prisoners of war and bury the dead...
Ответ:
Ответ:
The second alternative is correct (B).
Milton Friedman was the most famous liberal economist of the 20th century, winning the Nobel Prize in Economic Sciences in 1976. He is the author of the famous phrase: there is no free lunch.
Friedaman is considered the father of monetary theory. Studying the American economy, Friedman concluded that the money supply affects short-term production and long-term prices. This is because, in analyzing the role of money in economic cycles, he found that fluctuations in money growth preceded fluctuations in output growth.
Therefore, one of Friedman's greatest contributions was to point out that monetary policy would play a valuable role in the conduct of the economy.
Ответ: