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Full question:</u></h3>
Why is persistent unemployment a possibility in the Keynesian model but NOT in the classical model?
A) The Keynesian model assumes that the level of real GDP is inflexible.
B) The Keynesian model assumes that people work for motives other than those of earning an income for themselves and supporting a family.
C) The Keynesian model assumes that workers can lose their jobs to foreign competition during economic downturns.
D) The Keynesian model assumes that nominal wages are inflexible downward.
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Answer:</u></h3>
The Keynesian model assumes that nominal wages are inflexible downward - is persistent unemployment a possibility in the Keynesian model
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Explanation:</u></h3>
The classical model is quite the usual microeconomic principles. Keynes claimed that the classical model is not common. In the classical model, the basis for the rationalizing is notional demand and supply, which implies market equilibrium. Keynes proposed the idea of aggregate demand, the overall demand for products and services in the economy.
Keynes supposed that the unemployment force persists regularly. Keynes was suspicious that the economic dominance of demand and supply drive the economy to a common equilibrium. Rising government spending or cutting taxes will boost aggregate demand.
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Better educated workforce, greater occupational specialization, better matching of skills with jobs, and higher overall economic productivity. Immigration
<span>The ability to distinguish between right and wrong is called morality. A person's morality is determined by different factors, such as education, religion, and upbringing. That is why there is not a universal method for determining right and wrong. People's individual experiences are the main influencing factors on morality.</span>
Answer:
- Support and defend the Constitution.
- <u>Stay informed of the issues affecting your community.
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- Participate in the democratic process.
- <u>Respect and obey federal, state, and local laws.
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- <u>Respect the rights, beliefs, and opinions of others.
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- <u>Participate in your local community.</u>
Explanation:
i chose these four as they are the easiest because 1 being informed about the issues you can change the issue or fix it. 2 respecting the law will put the crime rate down which will make the country safer. 3 respecting other will stop fight that can happen, and will make people more open to there beliefs. 4 helping in your local community will help it grow and develop faster.
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im not a 100% but hope this helps </u></em></h2>
D. Elect officials to serve in the government
The people choose who they want to hold power by voting