Social Studies, 10.11.2020 09:40 Clerry
Why did Friedrich Hayek call expansionary spending dangerous?
He felt it could lower the money supply and cause deflation.
He felt it could lead to inflation and poor decisions by consumers.
He felt it could lead to deflation and poor decisions by consumers.
He felt it could lower available credit and cause a drop in prices.
Answers: 3
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Why did Friedrich Hayek call expansionary spending dangerous?
He felt it could lower the money supp...
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