Select the best option that completes the statement asked. Open image in new tab

Question

Select the best option that completes the statement asked. Open image in new tab for easy viewing if needed. Provide correct solutions to questions for guaranteed positive feedback. Questions from Milton Friedman Free to Choose - Anatomy of a Crisis RE Great Depression 1980 version.

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4.

Friedman believed that if John M. Keynes has not died in 1946, that he would have 14.1 Oadvocated for socialist policies. O been able to persuade his "disciples" (his followers) not to take policies he advocated for in the 1930s too far in the post war situation. O agreed with Friedman, that the primary case of the Great Depression was bad monetary policy.

Explanation / Answer

First question is answered below

1. Correct option: (a) advocated socialist policies

Reason: Keynes was a firm believer of governmental intervention and policies. He believed that any mismatch in economy can be corrected by adopting appropriate government policies. Had he not died in 1946, he would have advocated using strong government politicies to protect the economy and help it recover.

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