Monetarism Is a School of Thought Put Forth by ________,Who

question 244

Multiple Choice

Monetarism is a school of thought put forth by ________,who argued that the economy would most likely be at potential GDP.

• A)Karl Marx
• B)Milton Friedman
• C)Finn Kydland and Edward Prescott
• D)Robert Lucas and Thomas Sargent

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Definitions:

Supposing That

An expression used to introduce a hypothesis or an assumption for the sake of argument or analysis.

Unless

A conjunction used to indicate that a particular situation would occur only if there's an exception or condition not met.

Just In Case

A phrase used to describe a precautionary action taken to prepare for a possible future event or circumstance.

Conditional

A logical statement that has an if-then structure, implying that if one condition is met, then another condition follows.