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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.

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mirror neurons and observational learning

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Mirror neurons are the neurons in our body that fire when we try mirror the action of another organism. When we are observing something and are trying to learn it the mirror neurons help us to convert the visual stimulus to motor actions in our body. This entire process is called observational learning.

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In their agricultural practices and Architectures

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Many evidence found that pre-columbian civilizations understand really well the type of crops that can grow in the climate within their region. So, they prioritized their resoruces on growing that crop to maximize their production.

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