The correct answer is B.
Milton Friedman (1912 - 2006) was an economist who received the 1976 Nobel Prize in Economics for his studies in consumption analysis, monetary history and complex theories related to stabilization, including goverment intervention policies.
Presidents such as Hoover or Coolidge, who had governed in the decade before the Great Depression, supported laisez-faire economic measures, that consisted on free functioning of the markets with minimum goverment interventionism. Markets alone, would produce the most efficent outcomes, according to his viewpoint. Therefore, the policies introduced by these governments, involved minimum government regulation of the economic activity by the goverment.
<u>This is why Friedman, such as many others, claimed for alternative policies which involved goverment intervention for stabilization purpouses, using the mechanisms of the fiscal policy.</u> Subsequent goverments did apply such measures, being the best example the New Deal, based on Keynesian economics and implemented by President Roosevelt. The New Deal aimed to create job positions for the large unemployed sectors of the US population, by increasing public expenditure (one of the variables of the fiscal policy) in public works and hence, creating employment to undertake those works.
Vice President Thomas Jefferson, Democratic-Republican Party, defeated President John Adams of the Federalist Party
Answer:
Buddhist believe in karma or 'intentional action'. Most Buddhists see the possession of wealth as the outcome of good actions in the past. Wealth, therefore, can bring happiness. Buddhism teaches that monks , the members of the Sangha , live a simple life where they have the necessities to be comfortable and no more.
Nothing. The Constitution requires nothing of a candidate for the position of federal judge.
Answer: European countries wanted to settle conflicting claims in Africa.
