43
QuizMultiple Choice

N/A — Exam

Question 43 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

Hayek believed that the economy could be hard to measure because

Answer
A
individuals have the power to make decisions and are unpredictable.
B
individuals have the power to make decisions and are predictable.
C
government has the power to make decisions and is unpredictable.
D
government has the power to make decisions and is predictable.

Explanation

Hayek emphasized that economic activity is shaped by the knowledge and choices of many individuals. Because people can make their own decisions and their behavior is not fully predictable, the economy is difficult to measure or plan centrally. Choice A captures this idea.

AI-written and checked against the verified answer.

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