Friedman and the Power of Money Quiz

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Friedman and the Power of Money: a General level Economics quiz. Test your knowledge with 14 questions!
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Questions

Question 1
Milton Friedman was a famous proponent of:
A Mercantilism
B Socialism
C Monetarism
D Keynesianism
Question 2
According to monetarism, what drives inflation?
A Wage growth
B Global warming
C Money supply
D Energy costs
Question 3
Friedman believed that inflation is:
A Always and everywhere a monetary phenomenon
B Caused by trade deficits
C Good for the economy
D Unrelated to money
Question 4
If the money supply grows too fast, what happens?
A Zero growth
B Deflation
C Stability
D Inflation
Question 5
Monetarists advocate for:
A Price controls
B Steady money growth
C Frequent policy changes
D Massive government spending

📋 This quiz has 14 questions in total.

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