Read the assertion and reason and select the correct answer from the codes given below:

Assertion (A):F.A. Hayek portrayed state intervention and collectivism, even in their moderate forms, as inevitably leading to an erosion of liberty.

Reason (R):He is a supporter of laissez-faire and an opponent of Keynesian economics and the welfare state.

ABoth (A) and (R) are true and (R) is the correct explanation of (A)

BBoth (A) and (R) are true, but (R) is not the correct explanation of (A)

C(A) is true, but (R) is false

D(A) is false, but (R) is true

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