What Did Milton Friedman and E

question 146

Multiple Choice

What did Milton Friedman and E.S. Phelps argue with respect to the Phillips Curve?

• A) The Phillips Curve could accurately guide activist policy makers over the long run.
• B) The inverse relationship between unemployment and inflation only holds in the long run. In the short run, unemployment and inflation are positively related.
• C) Economic participants would soon understand activist policymakers' strategy and revise their expectations, making discretionary efforts to fine-tune the economy ineffective.
• D) The inflation rate will consistently be 2 percentage points below the unemployment rate.

Evaluate Theodore Roosevelt's domestic policies and achievements to determine if he can be considered a genuine reformer.

Identify the strengths, weaknesses, successes, and failures of the Progressive movement.

Compare and contrast Woodrow Wilson's New Freedom with Theodore Roosevelt's New Nationalism.

Understand the concept of strategic management and its components.

---

Definitions:

Perspective Of Others

The ability to understand and consider the viewpoints, feelings, or situations of other people.

Liberal Feminists

Advocates who focus on achieving gender equality through political and legal reform within the framework of liberal democracy.

Gender Differences

The distinctions in characteristics and behaviors typically associated with being male or female, influenced by biological, social, and cultural factors.

Socialization

The process by which individuals learn and adopt the norms, values, and behaviors appropriate to their society.