Milton Friedman Attributed the Great Depression Primarily to

question 18

Multiple Choice

Milton Friedman attributed the Great Depression primarily to

• A)the government's failure to respond to an increase in the budget deficit.
• B)a reduction in the money supply.
• C)economists' and policy-makers' failure to acknowledge their limited knowledge.
• D)the failure of wages to rise.
• E) inaccurate expectations by consumers and firms.

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Definitions:

Biopsychosocial Model

A holistic approach to health and healthcare that considers biological, psychological, and social factors all as important determinants of an individual's health status.

Mind and Body

A concept that describes the interactive relationship between mental and physical health, highlighting how psychological conditions can affect physical wellbeing and vice versa.

Free Associate

A psychoanalytic process where the patient speaks freely to reveal unconscious thoughts and feelings.

Psychotherapist

A trained professional who treats mental health problems and emotional difficulties through talking and psychological techniques.