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Milton Friedman Attributed the Great Depression Primarily to

Question 18

Multiple Choice

Milton Friedman attributed the Great Depression primarily to


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

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