4. match the economist to the economic problem they studied:\n1. keynes\n2. ostrom\n3. hayek\n4…

4. match the economist to the economic problem they studied:\n1. keynes\n2. ostrom\n3. hayek\n4. friedman\na. tragedy of the commons\nb. depression and unemployment\nc. monetary stability\nd. risks of socialism

4. match the economist to the economic problem they studied:\n1. keynes\n2. ostrom\n3. hayek\n4. friedman\na. tragedy of the commons\nb. depression and unemployment\nc. monetary stability\nd. risks of socialism

Answer

Brief Explanations:

  1. John Maynard Keynes is well - known for his work on depression and unemployment, advocating for government intervention in the economy to address these issues.
  2. Elinor Ostrom studied the "tragedy of the commons", exploring how communities can manage common - pool resources sustainably.
  3. Friedrich Hayek was concerned with the risks of socialism, emphasizing the importance of free - market principles and individual freedom.
  4. Milton Friedman focused on monetary stability, promoting the idea of a stable money supply growth rate.

Answer:

  1. Keynes - b. Depression and unemployment
  2. Ostrom - a. Tragedy of the commons
  3. Hayek - d. Risks of socialism
  4. Friedman - c. Monetary stability