________ was the main proponent of the view that changes in money supply in an economy can drive business cycles.
A) David Ricardo
B) John Maynard Keynes
C) Adam Smith
D) Milton Friedman

Question

Quizplus · Accepted Answer

Milton Friedman developed the Monetarist theory, which suggests that changes in the money supply are the primary cause of business cycles. He believed that the government could stabilize the economy by controlling the money supply through monetary policy.

________ Was the Main Proponent of the View That Changes