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After Reading Application 9

Question 179

Multiple Choice

After reading Application 9.2, "The Academic Scribblers,"one could conclude that individualism was important to:


A) Adam Smith, J.M. Keynes, and Milton Friedman.
B) Milton Friedman and J. M. Keynes, but not to Adam Smith, who wrote two centuries earlier.
C) J. M. Keynes, but not to Adam Smith or Milton Friedman, both of whom favored free markets.
D) Adam Smith and Milton Friedman, but not to J. M. Keynes, who favored government intervention in all economic areas.

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