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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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Explanation:
John F. Kennedy's speech had a significant impact mainly on young voters, as the president was assertive in saying words that invited young people to work for the country, as there is a saying that young people are the future of the nation, so the the president's speech gave rise to a vision of hope, unity and integration in young people, which brings a feeling of patriotism across the country and the freedom to pursue dreams through the work and joint action of the people and especially the young people to build a country worthy and fair for all.
Answer:
While Mars' atmosphere is mostly CO2, a greenhouse gas, there isn't enough atmosphere to create an effective insulating layer to hold in the trapped IR radiation.
Explanation:
The remaining gases are a mixture of nitrogen, argon, oxygen and carbon monoxide. CO2 is a potent greenhouse gas, so Mars does have a greenhouse effect. But it's very weak because the Martian atmosphere is so thin -- 100 times less dense than the Earth's atmosphere.
They were the basic foundation for our great nation to be built upon.
Answer:
2. Libel
Explanation:
Libel is often described as a written statement made in "reckless disregard of the truth" that is considered damaging to a victim because it is "malicious, scandalous, and defamatory".
A libel most times disregards the truth nature of the statement being made.
Its intent is to paint someone or a group of people in bad light, hence making a victim of the person.
A situation whereby one goes ahead to make reckless statement about another without minding if what is been said is true, and also defaming the persons character through lies and malicious words, is simply a case of a libel.
