Economist Milton Friedman compared the economy to a car needing:
A) An efficiency wage to make the labor markets work like an efficient engine
B) Regular price-level surprises, like oil changes, to make it run smoothly
C) A "steering wheel" that the government can use to guide it forward
D) A monetary rule to prevent a "backseat driver" from making it go off course
Correct Answer:
Verified
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