Ask Question
Social StudiesSocial Studies
19 January, 18:49

According to the theories of Friedrich August von Hayek, the economy may be too complicated to think in terms of.

+3
Answers (2)
  1. 19 January, 21:29
    0
    According to the theories of Friedrich August von Hayek, the economy may be too complicated to think in terms of aggregates.

    Hayek believed that expansionary policy was dangerous and could lead to severe inflation.

    Milton Friedman supported changes to monetary policy to influence economic growth.

    This is correct.
  2. 19 January, 22:13
    0
    Hayek believed the economy too complicated to think in terms of aggregates. This is the foundation of monetarism theory. He believed that people are unpredictable in their choices. Consequently, expansionary policy was potent because it could potentially lead to inflation and affect individual choices.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “According to the theories of Friedrich August von Hayek, the economy may be too complicated to think in terms of. ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Fifty-two-year-old Hans, a successful attorney, has lost interest in his children's lives and has not been particularly productive at work. He no longer practices his guitar playing and has dropped out of his soccer league.
Answers (1)
In which time frame did the Supreme Court order states to desegregate public schools?
Answers (1)
Who is on the house intelligence committee
Answers (1)
How was Dorothea Schlösser able to live a relatively normal life, despite her Jewish heritage? A) She had Aryan documents from her father. B) She was musically talented. C) She was able to hide in the apartments of friends.
No Answers
What all states have double Letters in them
Answers (2)
New Questions in Social Studies
The Cold War was a period of conflict between the Western countries of the US, Great Britain and France and the Communist countries led by the Soviet. think about why the Cold War happened. give at least two reasons for the Cold War.
Answers (1)
Tras el desarrollo de las Cruzadas, se desarrolló un nuevo grupo social de artesanos encargados de proveer las armas y herramientas al ejército. Este nuevo grupo fue conocido con el nombre de?
Answers (1)
Annie and George have been saving and are finally ready to purchase their first home for their family (including their two toddlers). They want to make and offer on a sweet little bungalow in a quiet neighborhood.
Answers (1)
list three things one can deduce from the position of a cartridge cartridge case and bullets at a crime scene
Answers (1)
Which two countries failed to establish a permanent settlement in South Carolina?
Answers (2)
Home » Social Studies » According to the theories of Friedrich August von Hayek, the economy may be too complicated to think in terms of.
Sign Up Forgot Password?