Who is best known for arguing about the long and variable lags of monetary policy?
A)Friedman
B)Keynes
C)Phillips
D)Greenspan
E) Bernanke

Question

Quizplus · Accepted Answer

Milton Friedman is best known for his argument about the long and variable lags of monetary policy, which suggests that the effects of changes in monetary policy on the economy may take a long time to materialize and may be unpredictable.

Who Is Best Known for Arguing About the Long and Variable