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.
Most likely, yes.
Different cultures value different ideas, different upbringings and have different value systems in general. All of these differences lead to different people in terms of their preferences and choices. Because all this exists, we can very safely say that a personal identity would also be different in a different culture.
Answer:
Bro! This is about YOUR interests, abilities, and education. No one can help you with that! Plus, its just 200 words, describe your dream musical job.
Here are some Musical Jobs:
Singer
Pianist
band player
Orchestra
Trumpist
It is strongest in people who have no attachments.
