The Great Depression of the 1930s led to a revolution in macroeconomic thinking, following the work of
A. Arthur Laffer.
B. Milton Friedman.
C. Adam Smith.
D. John Maynard Keynes.
E. David Ricardo.
Answer: D
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Free markets produce allocatively efficient outcomes and have no flaws
a. True b. False Indicate whether the statement is true or false
What are the various sources of demand and supply in the market for loanable funds?
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