Multiple Choice
In the main chorus of the Keynes-Hayek rap lyrics, Keynes states "I want to steer markets" and Hayek replies, "I want them set free." These statements are referring to
A) the tendency of Keynesians to favor government intervention and central planning and the tendency of Hayekians to favor free markets.
B) the tendency of Keynesians to favor restrictive fiscal policy and the tendency of Hayekians to favor expansionary fiscal policy.
C) the tendency of Keynesians to favor budget deficits and the tendency of Hayekians to insist on budget surpluses.
D) the tendency of Keynesians to favor fiscal policy and of Heyekians to favor monetary policy.
Correct Answer:
Verified
Correct Answer:
Verified
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