1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notka56 [123]
3 years ago
9

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

Social Studies
2 answers:
rosijanka [135]3 years ago
6 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.

Murljashka [212]3 years ago
5 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.

You might be interested in
When physically attractive people are also assumed to be smarter and nicer. True or False
Westkost [7]

The given statement is True.

When physically attractive people are also assumed to be smarter and nicer. The perception distortion, Halo Effect, occurs.

Explanation:

When an overall impression of a person creates an influence upon our thinking towards that person, then his this impression also influence our evaluations towards him. For example, if he is nice(overall impression), then we assume that he is smarter too(evaluation about his personality).

We use this effect in product or service as well. If we like a product due to its overall good impression of usage, then we also assume that it is good for other purposes as well. For example, if we like a cell phone due to its brand and usage flexibility, then we also evaluate that this phone will also produce the best quality photos and videos.

In simple words, we can say, if we like something, we like every aspect of that thing regardless of the true picture of that thing.

Learn more about the Halo Effect at:

brainly.com/question/12108780

#LearnWithBrainly

5 0
3 years ago
What important Romantic literary work, published in two parts, deals not only with a man's pact with the devil, but also with th
Ymorist [56]

Answer: Faust by Goethe

Explanation:

Hello! "Faust" is a two-part classic, wrote by Goethe. The main theme is about a man who makes a pact with the devil; from there topics such as human condition and action, culture and the spiritual are developed. It is a book very recognized by intellectuals.

Thanks for your question! Feel free to ask more!

4 0
3 years ago
Ppt on Dorji Choden - Bhutan's first pm
barxatty [35]
This question doesn't make enough sense.
3 0
3 years ago
Find a^4 + b^4 + c^4
MAXImum [283]
The answer is:all of these/D
7 0
3 years ago
Thirst due to a lack of water is which type of approach to motivation?
mylen [45]

Answer: dehydration?

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • Which european leaders most encouraged exploration of the world
    13·2 answers
  • What are the three primary methods of persuasion, and to which emotion does each appeal?
    5·2 answers
  • Which principle states that laws apply to all people equally? (3 points)
    15·2 answers
  • The white folks are eventually going to find out anyway we better decide now if we are going to be fearless men or scared
    9·1 answer
  • When people drink alcohol, the alcohol is absorbed into their bloodstream and is then gradually metabolized in their liver, whic
    6·1 answer
  • Industrialization can be both beneficial as well as detrimental to a region or city. The jobs that industry brings can improve t
    7·1 answer
  • HELP What are the base units the SI units are based on?
    10·2 answers
  • Suggest THREE reasons you believe or do not believe that mothers should not work but stay at home​
    8·1 answer
  • What dose law do for us?​
    14·1 answer
  • How do classroom design and materials foster learning and self-regulation of young children?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!