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.
<span>The correct answer is B) The need for government to adapt and to change. </span><span>The "Elastic Clause" allows Congress to make laws it needs to carry out its own powers. This is an indication that the framers of the Constitution were aware of the need for legislation to reflect the changing times.</span>
