In His Book the Road to Serfdom, Friedrich Hayek Argued

question 172

Multiple Choice

In his book The Road to Serfdom, Friedrich Hayek argued that the growth of government

• A) was essential if the ups and downs of the business cycle were going to be controlled.
• B) must be increased if western democracies were going to survive.
• C) could only be achieved if monetary policy-makers were willing to expand the supply of money more rapidly.
• D) endangered freedom and moved Western democracies toward tyranny, just as it had done in Nazi Germany and the Soviet Union.

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