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Copy of Which of the following ideas / concepts would Hayek (as opposed to Keynes) more likely to agree with?Please note that there can be
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Which of the following ideas / concepts would Hayek (as opposed to Keynes) more likely to agree with?Please note that there can be more than one correct answer.
a.The aggregate expenditure model is the best way to describe the economy as a whole.
b.The demand for money is relatively steep.
c.The economy is a circular flow and should be a top - down system.
d.The way to avoid the busts is to avoid the booms that cause them.
e.The broken window fallacy.
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