Milton Friedman and Anna Jacobson Schwartz Stated That

question 275

Multiple Choice

Milton Friedman and Anna Jacobson Schwartz stated that

• A)changes in the behavior of the money stock have been closely associated with changes in economic activity,money income,and prices.
• B)the basic problem during recession is inadequate aggregate demand.
• C)the capitalist system is inherently unstable;it tends toward cycles of overproduction and recessions.
• D)the only way to stabilize the economy is through very forceful fiscal policy.

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A debt collection agency known for using aggressive and often intimidating tactics to recover owed money.

Itinerant Sellers

Sellers who do not have a fixed place of business and travel from place to place to sell their goods or services.

Repudiated

Referring to the rejection or denial of a claim, agreement, or duty typically in a legal context.

Offer Accepted

The confirmation by one party to agree to the terms of an offer made by another party, leading to a contract.