Nobel Laureate Milton Friedman Is Known for His Assertion That

question 4

Multiple Choice

Nobel laureate Milton Friedman is known for his assertion that,

• A)"Inflation is caused solely by government budget deficits."
• B)"Inflation is always and everywhere a monetary phenomenon."
• C)"The evils of inflation are greatly overrated."
• D)"Inflation is the opium of the masses."

---

Definitions:

Debriefing

A process of conversational exchange, often following an event or activity, to review outcomes and experiences.

Pros And Cons

The advantages and disadvantages associated with a particular decision, action, or policy.

Distinct Personalities

Unique and separate identity states within the same individual, characteristic of dissociative identity disorder.

Traumatic Event

An incident or series of events that cause severe psychological distress and can lead to long-term mental health issues, including PTSD.