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.
<span>He or she is exhibiting obsessive-compulsive disorder.It is one of the mental disorder where people often checks their daily routine things that they have done it correctly or not.For example we keep on checking whether the door is locked or not,then switch off the gas stove or not.It is not known unless we are affected by the daily routine.These type of mental disorder people will not concentrate on one thing their mind keep on checking.In research stated that most of the women have these disorder than men.</span>
Answer:
president
Explanation:
as he signs it to become a constitution
