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Economist Friedrich Hayek argued that ______ can serve as signals in an economy.

AProducers
BConsumers
CGovernment
DPrices

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I Think It's D. Prices

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Economist Friedrich Hayek argued that prices can serve as signals in an economy. Correct answer: D

This  Austrian economist it is known for his defense of free-market capitalism and is remembered as one of the greatest critics of the socialist consensus. According him  changing prices relay information that helps people determine their plans is widely regarded as an important milestone achievement in economics


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