Economy, asked by muzammil25461, 10 months ago

Drag each action to the correct location on the chart. Categorize the actions according to whether Hayek would be likely to agree or disagree with them. Eliminate the minimum wage. Decrease overall taxes. Increase government spending during economic turndowns to improve the economy. Increase the money supply. Reduce import taxes on goods imported into the US from Japan. Pass a law requiring stricter emission standards for all cars. Limit the price of gasoline. Let prices naturally increase as resources become scarce. The government creates jobs to employ the unemployed. The government pays for all levels of education for every citizen.

Answers

Answered by rajlalkamat
2

Answer:

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name3neighbouringcountriesnortherindia

Explanation:

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Answered by 364522MF
2

Answer:      

AGREE

Eliminate the minimum wage.

Decrease overall taxes.

Reduce import taxes on goods

imported into the US from Japan

Let prices naturally increase

as resources become scarce.

DISAGREE

Increase government spending

during economic turndowns to

improve the economy.

Increase the money supply.

Pass a law requiring stricter

emission standards for all cars.

Limit the price of gasoline.

Government creates jobs to

employ the unemployed.

Government pays for all levels

of education for every citizen

Explanation:

Hayek supported minimal government intervention. He would agree that minimum wages should be eliminated, overall taxes should be decreased, import taxes should be reduced on goods imported into the US from Japan, and prices should naturally increase as resources become scarce. - Market Economies: Tutorial PLATO

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