There is no end of the world. It is round and lasts long
Answer and Explanation:
Phelps criticized Friedman's position, because he said it was totally irrelevant to analyze the tax functions of inflation without assessing product demand, as Friedman suggested in his theory. He stated that this would only be possible if there was a way to predict an optimal rate of inflation in different situations of demand and supply, otherwise, in Phelps' words it would be the same as "Professor Friedman gave us Hamlet without a prince".
Phelps' positioning would be better considered by the RBC model, since this model is based on real and not imaginary facts.
Answer:
The Jewish were forced to either leave
the place or they will be deprived of their
jobs and will not be able to lead their
lives in Germany.
They will have to give away their
properties to Nazis and they would do
anything they like.
There would be no interference from
their end as it will be the whole sole right
of Nazis.
