The View That Sustained Inflation Is Possible Only with Continuous

question 66

Multiple Choice

The view that sustained inflation is possible only with continuous monetary validation is now widely accepted but was made famous by and is still closely associated with

• A)John Maynard Keynes.
• B)James Tobin.
• C)Adam Smith.
• D)David Ricardo.
• E)Milton Friedman.

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Definitions:

Managerial

Pertaining to the activities, responsibilities, and skills related to managing an organization or a part of it.

Leadership Roles

Positions within an organization tasked with guiding, directing, and influencing others towards achieving collective goals.

Directs

Commands or instructions given with authority to guide or control actions or decisions.

Controls

Mechanisms, rules, or protocols used to regulate behaviors, processes, or operations.