In almost every society, the problem of scarcity must be dealt with because goods: a. are distributed evenly governments

b. tend to overspend on the military resources a

c. re limited farmers

d. tend to overestimate their crop yield

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.

To what extent is the individual shaped by society?

Articles of the confederation is a good representation of a system of government.