Categorize the actions according to whether Hayek would be likely to agree or disagree with them

Explanation:

Economist Friedrich August Hayek propagated and believed in free market and private investment. His economic model revolved around private entrepreneurship and capitalism.

Hayek advocated against government intervention. Therefore, he would most likely agree to private investment and private enhancement and disagree to governmental initiatives or interventions.

Agree: eliminate the minimum wage, decrease overall taxes, reduce import taxes on goods imported into the U.S. from japan, let prices naturally increase as resources become scarce.

Disagree: Increase government spending during economic turndowns to improve the economy, increase the money supply, pass a law requiring stricter emission standards for all cars, limit the price of gasoline, government creates jobs to employ the unemployed, government pays for all levels of education for every citizen.

claude wants to buy a car and there are a few factors that will affect the decision he makes in choosing what car he should buy. the first factor that can affect his decision regarding what car to buy can be the social and the cultural influence of the society he is living in. for example, there might be a certain car that might have a better value in the eyes of the society or in other words a better social norm regarding that car.

another factor can be personal habits. claude might need a spacious car because he might have kids or might utilize the back seat for other purposes hence a sports car (2 seated) won’t be appropriate.  

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