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.
The statement above was done during the conscription in the civil war.
<h3>The American civil war</h3>
The civil war was fought between the Northern Union army and the Southern confederates of the United States.
The reason for the war was due to the fact that the south had refused the abolishment of slavery in their region. Instead they threatened to secede.
Read more on the civil war here:
brainly.com/question/24992590
Answer:
Significant outcome
Explanation:
According to a different source, these are the options that come with this question:
A. mutually exclusive result
B. subjective outcome
C. significant outcome
D. conditional result
One of the most common and important tasks of scientists is coming up with hypotheses. A hypothesis is a supposition on how something works that is based on very limited evidence. Because hypotheses are preliminary suppositions, they have to be confirmed. When a scientist obtains meaningful results that confirm their hypothesis, this is known as a significant outcome.
Answer:The private sector has been sidelined despite Beijing’s 2013 decision to allow market forces to play a decisive role in the economy, Lardy says‘The resumption of state-led growth … and an increasingly omnipresent party are contributing to China’s growth slowdown,’ US economist writes in new book.
Explanation:Well Im right aren't I.
