Why did Friedrich Hayek call expansionary spending dangerous?
O He felt it could lower the money supply and cause deflation.
O He felt it could lead to inflation and poor decisions by consumers.
O He felt it could lead to deflation and poor decisions by consumers.
O He felt it could lower available credit and cause a drop in prices.
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Why did Friedrich Hayek call expansionary spending dangerous?
O He felt it could lower the money su...
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