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Hayek believed that the economy could be hard to measure because

A.individuals have the power to make decisions and are unpredictable.
B.individuals have the power to make decisions and are predictable.
C.government has the power to make decisions and is unpredictable.
D.government has the power to make decisions and is predictable.

Respuesta :

lazygenius514

Answer:

Option A is correct.

A.individuals have the power to make decisions and are unpredictable.

Explanation:

Hayek believes that the economy could be hard to measure because the individuals of a society or country has the power to make decisions about themselves and their rights and these decisions are unpredictable because no one knows what a decision an individual make. That is why an economy of a country is hard to measure.


luisvaschetto

Hayek believed that the economy could be hard to measure because individuals have the power to make decisions and are unpredictable (Option A).

Who was Hayek?

Friedrich August von Hayek was an Austrian economist who develops many legal issues and theories.

  • Friedrich August von Hayek won Nobel Memorial Prize in Economy Sciences in 1974 for his work.

  • Hayek's economic theory analyzes the credit cycle by raising that the interest rate can be considered an intertemporal cost.

In conclusion, Hayek believed that the economy could be hard to measure because individuals have the power to make decisions and are unpredictable (Option A).

Learn more about Hayek here:

https://brainly.com/question/10636596

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