Milton friedman argued that consumers are more likely to alter their behavior based on changes in the unemployment rate. short-term changes in the economy. long-term changes in the economy. changes in the inflation rate.

The answer is long-term changes in the economy. Friedman was an American statistician and economist best recognized for his sturdy trust in free-market capitalism. During his time as instructor at the University of Chicago, Friedman industrialized many free-market philosophies that contrasting the opinions of old-style Keynesian economists.

The answer is long-term changes in the economy.  

Friedman was a statistician and physiocrat who hailed from America and best appreciated for his resolute confidence in free-market economics. During his experience as a lecturer at the University of Chicago, Friedman conceptualized many free-market viewpoints that comparing the theories of old-style Keynesian statisticians.

Further Explanation:

Milton Friedman was born in New York, and grew up on the East Coast and graduated from Rutgers University, where he took the degree in mathematics and economics. He completed his studies from a university in the year 1932 and progressed on to obtain a Ph.D. in finance at Columbia University in 1946. In his writing "A Monetary History of the United States, 1867-1960," Friedman demonstrated the purpose of financial policy in planning and worsen the situation during the Great Depression.

He was one of the preeminent financial voices of the following half of the 20th century. His commercial hypotheses later turned to be known as monetarism, which produced on and upturned significant components of Keynesian economics. He was popularized for many financial concepts that are still significant in the present times.

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1. Which best describes how social-networking sites help political campaigns, especially when compared to traditional media?  

2. The purpose of the office of the president is to?

Answer details:

Grade: High School

Subject: History

Chapter: NA

Keywords: Milton freedman, financial , preeminent , economics , commercial , Keynesian , Columbia university, hypothesis , monetarism.

paul willis (born 1950) is a british social scientist known for his work in sociology and cultural studies. paul willis' work is widely read in the fields of sociology, anthropology, and education, his work emphasizing consumer culture, socialization, music, and popular culture. he was born in wolverhampton[1] and received his education at the university of cambridge and at the university of birmingham. he worked at centre for contemporary cultural studies and subsequently at the university of wolverhampton. he was a professor of social/cultural ethnography at keele university. in the autumn of 2010, he left keele university and is now a professor at princeton university.

paul willis’s work has focused mainly, but not exclusively, on the ethnographic study of lived cultural forms in a wide variety of contexts. from highly structured to weakly structured ones, willis examines how practices of `informal cultural production` to produce and construct cultural worlds `from below`.[2]

trained in literary criticism at cambridge,[2] paul willis received his phd in 1972 from the centre for contemporary cultural studies at birmingham university where he remained as senior research fellow until 1981. he gave a paper at the 9th symposium of the natiohnal deviancy conference in january 1972 entitled 'a motor-bike subculture

during the 1980`s willis served as youth policy adviser to wolverhampton borough council in the english midlands. there he produced the youth review (published by the council and ashgate) which formed the basis for youth policy and for the formation of the democratically elected youth council, both still functioning. during the 1990s he served first as head of the division of media, communications and cultural studies, and then as a member of the professoriate at the university of wolverhampton. in 2000 willis co-founded the sage journal, ethnography. in 2003 willis was hired as a head professor of social and cultural ethnography at keele university.