Who Was the Economist That Began Modern Macroeconomics

question 5

Multiple Choice

Who was the economist that began modern macroeconomics?

• A) Adam Smith
• B) Paul Samuelson
• C) Milton Friedman
• D) John Maynard Keynes
• E) Ben Bernanke

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Definitions:

Independent Function

A task or operation that can be performed without the need to rely on other functions or processes.

Conscious

Being aware of one's own existence, sensations, thoughts, surroundings, and having a sense of self.

Nomothetic Goals

In personality psychology, this refers to the approach that aims to study personality through generalized, universal laws applicable to large groups of people.

Essential Motivations

The basic, inherent drives that influence humans to act or behave in certain ways, including survival, belonging, and self-esteem needs.