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swat32
3 years ago
6

Use the drop-down menus to complete each sentence. Hayek is best known for his contribution to the understanding of . Hayek disa

greed with Keynes about expansionary policy because it could cause and influence consumer decisions. Unlike Keynes, Hayek believed that consumer actions be accurately displayed on a supply and demand curve.
Social Studies
1 answer:
Alina [70]3 years ago
4 0

Answer:-price changes

-inflation, negatively

-could not

Explanation: Completing the sentence, we have ;

Hayek is best known for his contribution to the understanding of<u>  Price Changes</u> . Hayek disagreed with Keynes about expansionary policy because it could cause<u> inflation</u>  and<u> negatively</u>  influence consumer decisions. Unlike Keynes, Hayek believed that consumer actions <u>could not </u> be accurately displayed on a supply and demand curve.

------John Maynard Keynes and F.A. Hayek are two of the most controversial economic who made great contributions in the field of economics. In as much as they contributed great value to the economy system, they both had different thoughts in this regard, while  Hayek says that government should not intervene to help market system, Keynes proposes on governments  intervention  to ease recession.

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