Question: 1-Explain the graph. Why this graph is important for Friedman? Discuss your answer in detail. 2- (Documentary) How did Margaret Thatcher's adoption of Hayekian

1-Explain the graph. Why this graph is important for Friedman? Discuss your answer in detail. 2- (Documentary) How did Margaret Thatcher's adoption of Hayekian

1-Explain the graph. Why this graph is important for Friedman? Discuss your answer in detail. 2- (Documentary) How did Margaret Thatcher's adoption of Hayekian ideas contribute to the transformation of British economy during her tenure as prime minister? 3-How does Milton Friedman argue for the superiority of free-market capitalism over centrally planned economies ? Evaluate his arguments and provide examples to support your analysis. Money supply (in billions of dollars) Monetary Variables in the Great Depression 50 40 30 1928 MONEY SUPPLY 1929 1930 1931 1932 (b) The money supply in the Great Depression 1933 Bank holiday, March 1933 1934 1935 1936 Year 1-Explain the graph. Why this graph is important for Friedman? Discuss your answer in detail. 2- (Documentary) How did Margaret Thatcher's adoption of Hayekian ideas contribute to the transformation of British economy during her tenure as prime minister? 3-How does Milton Friedman argue for the superiority of free-market capitalism over centrally planned economies in the "Free to Choose" video? Evaluate his arguments and provide examples to support your analysis.

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