alleryMatch Friedman rule: 1. Milton: p. Theory 2. Origin: q. Money M 3. View: r. Monetary
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
Milton Friedman and monetarists claimed that inflation is always and everywhere a monetary phenomenon caused by excess money supply growth.
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