Prof. Milton Friedman was the leader of

Ohio school
Chicago school
Cambridge school
London school

The correct answer is: B. Chicago school.

Milton Friedman was an American economist and statistician who was a leader of the Chicago school of economics. He was a recipient of the 1976 Nobel Memorial Prize in Economic Sciences.

The Chicago school of economics is a neoclassical school of thought that emphasizes the importance of free-market capitalism and the use of monetary policy to control the economy.

The Ohio school of economics is a school of thought that emphasizes the importance of government intervention in the economy.

The Cambridge school of economics is a school of thought that emphasizes the importance of Keynesian economics.

The London school of economics is a school of thought that emphasizes the importance of institutional economics.