Solved UPSC CDS/OTA Question
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Q · Inflationmoderate · 45s
Which economist is associated with the quantity theory of money and its link to inflation?
TopicInflation
Question Typemultiple choice
Difficultymoderate
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Milton Friedman argued that inflation is always and everywhere a monetary phenomenon.
Final Answer: Option B - Milton Friedman