Which of the Following Events Challenged Keynesian Views, and Led

question 9

Multiple Choice

Which of the following events challenged Keynesian views, and led to the popularity of Milton Friedman's ideas?

• A)The hippie community started advocating socialist values.
• B)Hard-core republicans came into office.
• C)The U.S.economy faced high levels of inflation and unemployment simultaneously.
• D)The oil crisis exploded.
• E)Countries that followed Friedman's ideas performed better.

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