Match each economist to his economic belief. tiles adam smith friedrich von hayek milton friedman john maynard keynes pairs less government intervention gives people more economic freedom. arrowboth government should not control the money supply. arrowboth government intervention is necessary for stability. arrowboth competition is a regulatory force. arrowboth nextreset

The correct matches are the following.

Adam Smith. Competition is a regulatory force.

Friedrich von Hayek. Less government intervention gives people more economic freedom.

Milton Friedman. The government should not control the money supply.

John Maynard Keynes. Government intervention is necessary for stability.

Here, we are talking about renown economists that established important concepts on economics and the role the government should play in the face of different scenarios.

Adam Smith wrote the book "The Wealth of Nations" in 1776, where he expressed ideas that supported competition in open markets. In "Capitalism and Freedom," Milton Friedman supported the idea that the money supply should be free of government control. John Maynard Keynes believed that it was necessary for the intervention of the government to promote the economy of a country. Many countries in Latin America have followed his advice and create social programs to help the ones in need. On the contrary, Friedrich von Hayek established in "The Road to Serfdom," that the best way to help people invest is that the government stayed out of any kind of control. This way they would be freer to create wealth.

experiments.

surveys.

questionnaires.

interviews.

case studies.

participant and non-participant observation.

observational trials.

studies using the delphi method.

depends.

explanation: