(Consider This)According to economist Milton Friedman (1912-2006),the source of instability in the economy could be thought of as a:
A) baseball manager (the Fed)that removes his starting pitcher too soon and sees a five-run lead evaporate in a single inning.
B) duck hunter (the Fed)who starts shooting at ducks well before they fly over.
C) a camp councilor (the Fed)who is wearing a baseball cap that has two bills and says,"I am the leader;which way did they go?"
D) backseat car passenger (the Fed)who occasionally leans over the front seat and abruptly jerks the steering wheel to the left or to the right.

Question

Quizplus · Accepted Answer

Milton Friedman believed that the Federal Reserve's erratic and unpredictable interventions in the economy could cause instability, similar to a backseat passenger suddenly jerking the steering wheel.

(Consider This)According to Economist Milton Friedman (1912-2006),the Source of Instability