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5. On what grounds did the Austrian-born economist Friedrich A. Hayek reject the New Deal state?e. He worried that the New Deal would eventually assist African-Americans in achieving equalityb. The American consumer economy, he thought, lacked the complexity needed for economic planning.a. In all its details, he thought the New Deal was indistinguishable from Capitalism.c. He argued that even well-intended government plans threatened individual liberties.d. He reasoned that economic planning during the war had almost cost the United States its victory.
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