20
QuizMultiple Choice

Entrepreneurship — Unit test

Question 20 of 25 • 26-27 Ignite Economics-KY-Economics

Why did Friedrich Hayek call expansionary spending dangerous?

Answer
A
He felt it could lower the money supply and cause deflation.
B
He felt it could lead to inflation and poor decisions by consumers.
C
He felt it could lead to deflation and poor decisions by consumers.
D
He felt it could lower available credit and cause a drop in prices.
Previous
Next