Keynes and friedman approach the economy

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Discuss the concepts of John Maynard Keynes and Milton Friedman.

Please address the following questions:

[A] Differentiate the way Keynes and Friedman approach the economy. Determine the key differences and similarities?

[B] If Keynes argues for a role for government policies in the economy what is that role and why does Friedman argue against it?

[C] According to the ideas, describe with which of the two economists do you agree more and explain why.

 

Reference no: EM1374383

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