Why did Friedrich Hayek call expansionary spending dangerous?
O He felt it could lower the money supply and cause deflation.
O He felt it could lead to inflation and poor decisions by consumers.
O He felt it could lead to deflation and poor decisions by consumers.
O He felt it could lower available credit and cause a drop in prices.

Respuesta :

Answer:

B. He felt it could lead to inflation and poor decisions by consumers.

Answer:

B

Explanation:

2021 edg quiz :)

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