Which Economist Developed the Theory of Monetarism

question 1

Multiple Choice

Which economist developed the theory of monetarism?

• A) John Maynard Keynes
• B) Adam Smith
• C) David Ricardo
• D) Milton Friedman
• E) Walt Rostow

Recognize personal responsibility in performance and outcomes as related to locus of control.

Understand different types of social groups and their characteristics.

Recognize the emotional and functional roles of primary and secondary groups in society.

Distinguish between social categories, groups, and networks and understand their relevance in social interaction.

---

Definitions:

Optimize

To make the best or most effective use of a situation, opportunity, or resource.

Propagate

To spread and promote an idea, theory, or knowledge widely.

Genes

Segments of DNA located on chromosomes that carry hereditary information.

Innate Human Characteristic

A trait or ability that is naturally present in humans from birth, not acquired through learning.