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A: Answer is given below
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- Choose one of the major theories associated with consequentialism: what objections might be made to this theory?What are the main differences of thought between John Maynard Keynes and Milton Friedman?Which worldview makes the most sense?Keynesian perspective or the Neoclassical perspective of economics and why?
- In what way is neoclassical economics different from old and new institutional economics? Which school of thought is founded on principles that are closer to reality?Please expain in detail what is the Neoclassical Economics view of labor markets. How do they function?True or False ? Ben Bernanke believes that Milton Friedman and Anna Schwartz’s explanation of the causes of the Great Depression were silly and wrong.