Ask Question
Social StudiesSocial Studies
22 May, 11:19

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

+4
Answers (2)
  1. 22 May, 12:03
    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.
  2. 22 May, 13:33
    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.
Know the Answer?
Not Sure About the Answer?
Find 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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Who died in the movie "pearl harbor"?
Answers (2)
How do you complete your project on time with a busy schedule?
Answers (2)
Is life an non-eternal simulation?
Answers (1)
What is one main reason some governments in the twentieth century began campaigns of genocide? A) A minority group wanted total independence. B) A minority group wanted more say in lawmaking. C) A minority group had different cultural customs.
Answers (1)
The government can assist in reducing the level of structural unemployment by Group of answer choices providing unemployment benefits. establishing government regulations on hiring employees. incentivizing companies to move their production overseas.
Answers (2)
New Questions in Social Studies
Which of the following defines intimacy? (A) a sense of trust (B) unconditional giving and receiving of love partners display caring, warmth, acceptance, and social support partners (C) display positive affect toward each other (D) feelings and
Answers (1)
What is the main goal of financial planning? a), saving and investing for your needs in the future b), lowering you tax liability c), achieving personal economic satisfaction d), spending to achieve your financial goals
Answers (1)
Where would you look to learn whether mark twain was born before or after jules verne?
Answers (1)
Which government entity administers and determines the benefit levels for aid for dependent children, old age assistance, and aid for the blind?
Answers (1)
What was the name of the ship, which carried the pilgrims? a. The Mayflower b. The Pinta c. The Beagle d. The Fina
Answers (1)
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?