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3 years ago

Why was friedrich von hayek against government intervention in an economy?

Business

2 answers:

BaLLatris [955]3 years ago

8 0

I believe the answer is: D. It would improve the economy's situation

friedrich von hayek believe that government intervention would only benefit some part of the organizations in a private sectors while reducing the power of the other organization, which tilt the balance of power in the market.

When this happen, people would be discouraged to be involved in opening up new businesses, which would stunt our economic growth.

shepuryov [24]3 years ago

5 0

The answer top the question stated above is letter D. It would improve the economy's situation.

For Friedrich Von Hayek, less government intervention meant more economic freedom. He believed that if people are free to choose, then the economy runs more efficiently.
Thus, it would improve the economy's situation.

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Answer:

Part 1

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Part 2

The entry to record depreciation expense :

Debit : Depreciation Expense $32,000

Credit : Accumulated Depreciation $32,000

Explanation:

Straight line method charges a fixed depreciation charge over the year of use of an asset.

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2021

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2022

Old Depreciation expense = $80,000

New Depreciation expense = Depreciable Amount ÷ Remaining Useful Life

= ($240,000 - $80,000) ÷ 5

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Answer:

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Answer:

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