Question
35. John Maynard Keynes and Friedrich von Hayek : a. both believed that government should intervene often to counter fluctuations in the economy. b. both
35. John Maynard Keynes and Friedrich von Hayek:
a. both believed that government should intervene often to counter fluctuations in the economy.
b. both believed that government's intervention tends to be harmful.The market can take care of itself.
c. both believed that economic fluctuations are cyclical,and are beyond the control of policy makers.
d. Keynes believed that government's intervention is needed to counter economic fluctuations.Hayek believed that government's intervention tends to be harmful, and that the market can take care of itself
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