Which is correct about Hayek's argument about centrally planned socialism Select one; O a

Economics Nov 04, 2020

Which is correct about Hayek's argument about centrally planned socialism Select one; O a. Central planning is the best system for dealing with the knowledge and information necessary for running a modern economy O b. The price system is a tremendous filter of information and central planning will lose out on a great deal of un transmittable specific knowledge O c. Central planning creates a natural balance of power in society

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