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character: John Maynard Keynes
topic: Keynesian economic theory emphasizes the importance of aggregate demand and government intervention to achieve economic stability and growth.
grade: 11
subject: Economics
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character: Milton Friedman
topic: Friedman's monetarism argues for the role of controlling the money supply and minimal government intervention to encourage economic stability and growth.
grade: 11
subject: Economics
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character: Keynes vs. Friedman
topic: The contrasting views between Keynes and Friedman highlight the debate on fiscal policy versus monetary policy to stimulate economic activity.
grade: 11
subject: Economics
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character: Economic Stabilization
topic: Both economists contributed significantly to understanding economic stabilization, albeit through different mechanisms: Keynes through fiscal measures, Friedman through monetary control.
grade: 11
subject: Economics
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