What Strict Rule Did Milton Friedman Believe Would Provide for Greater

question 40

Multiple Choice

What strict rule did Milton Friedman believe would provide for greater price stability?

• A) GDP should not go above 5 percent.
• B) Unemployment should never be above 10 percent.
• C) Inflation should stay below 3 percent a year.
• D) Money supply should grow by 3 percent annually.

---

Definitions:

Business Markets

Commercial sectors that involve transactions between businesses rather than between a business and a consumer.

Consumer Markets

markets consisting of individuals or households that purchase goods and services for personal consumption.

Financial Risks

The possibility of losing financial capital due to market fluctuations, business decisions, or other financial activities.

Customer Complaints

Feedback from customers expressing dissatisfaction with a product or service, which can provide businesses with opportunities for improvement.