The answer is competence and diligence. One of the articles of professional conduct, due care, necessitates a member to discharge professional responsibilities with competence and diligence. In addition, competence is resulting from a synthesis of education and experience. In all engagements and in all accountabilities, each member must start to attain a level of capability that will guarantee that the quality of the colleague services encounters the high level of professionalism required by these principles. The due care imposes a member to design and supervise sufficiently any professional activity for which he or she is accountable.
Answer:
A). Left; Rises.
Explanation:
As per the given description, if the stock prices remain less elusive the demand curve for bonds shifts to 'left' while the interest rates 'rises' as in such a case, demand contracts or decreases due to several other factors except price of the good. This would lead to a steep rise in the 'interest rates' for possessing other assets as contraction or left shift in demand reflects the situation of recession where there is a considerable fall in income and consequently, the expenditure. Therefore, the people would require money to spend. Hence, <u>option A</u> is the correct answer.
Answer:345
Explanation:34556 - 1234= ![\left[\begin{array}{ccc}1&2&3\\4&5&6\\7&8&9\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%262%263%5C%5C4%265%266%5C%5C7%268%269%5Cend%7Barray%7D%5Cright%5D)
<span> The two main islands are the North Island, or Te Ika-a-Māui, and the South Island, or </span>Te Waipounamu<span>.</span>
<h3><u>
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.
<h3><u>
Answer:</u></h3>
The Keynesian model assumes that nominal wages are inflexible downward - is persistent unemployment a possibility in the Keynesian model
<h3><u>
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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