1. In the video about Zimbabwe, the leader of the country used his ability to pr

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1. In the video about Zimbabwe, the leader of the country used his ability to print money to pay for things, including the country’s debt, which caused the inflation. How does the market for money MD and MS show that this would occur? (hint: the way the market for money has a similarity to the AD – AS model that helps explain it)
2. Write a couple of paragraphs discussing how John Maynard Keynes and Frederick Hayek had differing views on the economy. What things did they emphasize or what things were they critical of their opponent about? Do you have a favorite between the ideas of the two and if so, what makes you like those ideas better?

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