Which of the following accurately describes Milton Friedman?

Question

Quizplus · Accepted Answer

Milton Friedman was a noted economist who popularized monetarism, the idea that the total amount of money in circulation in an economy is the primary driver of economic growth or recession. He advocated for controlling the money supply as a means of stabilizing the economy. While he was a contemporary of Adam Smith, he was not a classical economist, and he did not advance Keynesian analysis or follow Keynes into the British civil service. While he is highly respected in the field, he is not typically considered the father of modern economics.

Which of the Following Accurately Describes Milton Friedman