The Economist Who Proposed That,"Inflation Is Always and Everywhere a Monetary

question 58

Multiple Choice

The economist who proposed that,"Inflation is always and everywhere a monetary phenomenon" was

• A)John Maynard Keynes.
• B)John R. Hicks.
• C)Milton Friedman.
• D)Franco Modigliani.

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Definitions:

Racism

Prejudice, discrimination, or antagonism directed against someone of a different race based on the belief that one's own race is superior.

Inferior

Lower in rank, quality, or status; often implies being of lesser value or importance than something else.

Laissez-Faire Racism

Maintaining the status quo of racial groups by persistent stereotyping and blaming of minorities for achievement and socioeconomic gaps between groups.

Negative Stereotyping

The act of assigning adverse and often unfair beliefs onto individuals or groups based on their presumed characteristics.