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Question
milton friedman led a new economic school of thought called
laissez faire.
monetarism.
price signaling.
the invisible hand.
Brief Explanations
Milton Friedman was a key proponent of monetarism, which emphasizes the role of money supply in the economy. Laissez - faire is a general economic philosophy of minimal government intervention, not led by Friedman. Price signaling is about how prices convey information, not a school of thought led by him. The "invisible hand" is associated with Adam Smith, not Friedman.
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B. monetarism.