Julianne Argues That the Solutions to Economic Problems in a Country

question 73

Multiple Choice

Julianne argues that the solutions to economic problems in a country can be found in the private market. Her assertion reflects the position of which economist?

• A) John Maynard Keynes
• B) David Ricardo
• C) John Stewart Mill
• D) Milton Friedman

---

Definitions:

Managerial Subjectivity

The influence of personal biases, preferences, and opinions of managers in their decision-making processes, potentially affecting objectivity in evaluations and judgements.

Union Representatives

Individuals elected or appointed to represent the interests of union members in discussions and negotiations with employer representatives.

Worker Fatigue

The physical and mental weariness resulting from prolonged work or excessive stress.

Mass Production

The large-scale manufacturing of goods using standardized designs and assembly-line techniques to achieve economies of scale.