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    Macroeconomics Study Set 47
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    Exam 8: The Phillips Curve, the Natural Rate of Unemployment and Inflation
  5. Question
    Which of the Following Individuals Is Responsible for the Phrase
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Which of the Following Individuals Is Responsible for the Phrase

Question 18

Question 18

Multiple Choice

Which of the following individuals is responsible for the phrase, "inflation is always and everywhere a monetary phenomenon"?


A) Friedman.
B) Taylor.
C) Sargent.
D) Ball.
E) Phillips.

Correct Answer:

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