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Milton Friedman Attributed the Great Depression Primarily To

Question 52

Multiple Choice

Milton Friedman attributed the Great Depression primarily to:


A) the failure of wages to rise.
B) economists' and policymakers' failure to recognize their limited knowledge.
C) a decrease in the money supply.
D) inaccurate expectations by consumers and firms.
E) the government's failure to respond to an increase in the budget deficit.

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