Milton Friedman and Monetarism Quiz

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Milton Friedman and Monetarism: a General level Economics quiz. Test your knowledge with 15 questions!
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Questions

Question 1
Who is the central figure associated with monetarism?
A John Maynard Keynes
B Milton Friedman
C Karl Marx
D Adam Smith
Question 2
What does monetarism emphasize?
A Money supply
B Tax cuts
C Government spending
D Trade unions
Question 3
According to Friedman, what causes inflation?
A Reduced consumer demand
B Low interest rates
C High trade taxes
D Too much money in circulation
Question 4
What is the primary role of the central bank in monetarism?
A Own all factories
B Set individual wages
C Control the money supply
D Manage all farms
Question 5
Friedman advocated for which type of economic policy?
A Centralized quotas
B Price controls
C Free market
D State planning

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