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
Viefleur [7K]
3 years ago
13

Hayek is best known for his contribution to the understanding of __

History
2 answers:
lutik1710 [3]3 years ago
7 0

Answer:

-price changes.

-inflation, negatively .

-could not.

Explanation:

-Hayek´s theory, on how changing prices provide data useful for people to define their plans is a significant milestone in economics, led him to win the Nobel Prize.

-In his theory, fighting recession with expansionary policies was believed to lead to too many investment plans that could not actually be maintained, limiting a needed process of adjustment and setting up possibilities for future inflation.

-Hayek stated as a fallacy of the dogma of perfect competition the idea that producers can know as a fact the shape of the consumers demand curve because that´s a variable to be discovered.

Oliga [24]3 years ago
5 0

1- price changes

2- inflation; negatively

3- could not

You might be interested in
(08.05 LC) What was one unforeseen result of the creation of the state of Israel? ( 5 points) The Jewish state displaced thousan
bearhunter [10]
<span>inhabiting the land Prolonged conflict between Jewish and Palestinian people inhabiting the land</span>
3 0
3 years ago
Read 2 more answers
Over time, how did the American Indians adapt to solve the problem of scarcity of food?
Valentin [98]

Answer:

The American indians adapted to solve the problem of scarcity of food by growing crops by taking dead fish to fertilize the soil.

I hope this helps.

3 0
3 years ago
Read 2 more answers
Gorbachev pursued glasnost and Paris Truckee reforms in part because
nydimaria [60]

Gorbachev pursued glasnost and perestroika reforms in part because the war in Afghanistan had drained the nation's resources. Mikhail Gorbachev, as known as the former General Secretary of the Soviet Union (Russia), noticed that there has been a huge decrease in their resources. They were fighting a war in Afghanistan, and used all of the nation's resources to help them win the war. Since they used most of their resources, they didn't have much to help the economy, so if they don't get enough resources back, the economy would fail. Because of this Gorbachev made a movement called "perestroika" to help get back the nation's resources. What this movement did was let the government speaker, or have a conversation, about the issues that are going on in the economy, and see if there could be a way to solve it.

4 0
3 years ago
Of his estimated
Liula [17]

Answer:The answer is B. 50%

Explanation:

I did a quiz for my history class and the correct answer was B. 50%

3 0
3 years ago
His expedition was the second to sail around<br> the world
Mama L [17]

Answer:

Drake

Explanation:

Ferdinand Magellan was the first to sail around the world. Sir Francis Drake, years later, completed the second circumnavigation around the world.

3 0
2 years ago
Other questions:
  • What did Cherokee Chief John Ross do too in every lection until his death in 1866? 1. He maintained the Loyalty of the full-bloo
    7·1 answer
  • What has world war 1 been documented as
    11·1 answer
  • Which statement best describes the contributions of Frederick Douglass during the Civil War?
    11·2 answers
  • Aggressive preparation for war is know as
    15·1 answer
  • Which people did the Kongo and other West African societies enslave?
    5·1 answer
  • Political party is best described as a group of __________ with an expressed ideology that seeks to gain or maintain political p
    5·2 answers
  • Can someone help me summary of federalism
    7·1 answer
  • De acuerdo a las caracteristcas geograficas y climaticas de la region donde usted vive: ¿como cree que los pueblos originarios e
    11·1 answer
  • Look at the graph below.
    7·2 answers
  • 3)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!