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.
The correct answer that will describe Tammy is that she is
likely to have a high self-efficacy. Self-efficacy is defined as a belief or
ability of an individual in regards of having to be able to be succeed in
certain task or situations that he or she is in.
