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3 years ago

What causes unemployment post-keynesianism?

Business

1 answer:

Harlamova29_29 [7]3 years ago

4 0

Answer:

involuntary employment

Explanation:

The Post-Keynesianism view is that effective demand is the main determinant of economic performance.

Thus, Keynesianism states that in an economy where there is a significant reduction in demand, it will affect the labor market which further leads to lower wages.

For example, an airline that has 100 workers is experiencing a sharp decline in demand (of flight bookings) because of a government lockdown may decide to cut down their staff capacity ad a result. leading to involuntary employment.

You might be interested in

What instrument did the piano originate from

NNADVOKAT [17]

Answer:

stringed musical instrument

Explanation:

The piano is an acoustic, stringed musical instrument invented in Italy by Bartolomeo Cristofori around the year 1700 (the exact year is uncertain), in which the strings are struck by hammers.

4 0

3 years ago

Read 2 more answers

A firm with no debt has 200,000 shares outstanding valued at $20 each. Its cost of equity is 12%. The firm is considering adding

Kipish [7]

Answer:

Option (C) is correct.

Explanation:

Given that,

No. of shares = 200,000

Market value per share = $20 each

Tax rate = 34%

Debt amount = $1,000,000

Market value of firm:

= Market value of equity + (Tax rate × Debt)

= (No. of shares × market value per share) + (Tax rate × Debt amount)

= (200,000 × $20) + (0.34 × $1,000,000)

= $4,000,000 + $340,000

= $4,340,000

= $4.340 million

The firm be worth after adding the debt is $4.340 million.

7 0

3 years ago

Company is in the second year of operations. They have total assets of $200,000 at the end of the first year. During the first y

d1i1m1o1n [39]

Answer:

The amount of net income is $45,000

Explanation:

The computation of the net income is shown below:

= Total assets - Liabilities - stockholder equity

= $200,000 - $75,000 - $80,000

= $45,0000

By using the accounting equation, the total assets equal to the total liabilities and stockholder equity

In mathematically,

Total assets = Total liabilities + stockholder equity

But in the given question, the amounts are not equal to each other, so the difference should be termed as net income

5 0

3 years ago

Which are the roles of a bank? check all that apply.

maw [93]

Fixed deposit account. Savings account.

5 0

3 years ago

Explain how productivity, economic growth, and future standards of living are influenced by investment in factories, machinery,

aliina [53]

Answer:

There is a direct relation of the productivity, economic growth, and future standards of living with the investment in factories, machinery, new technology, and the health, education, and training of people.

Explanation:

Relation with the investment in factories, machinery, new technology

If there is larger investment in factories, machinery and new technology (fixed assets investing) then there will be more production which will require more labour. With more production, there will be more consumption thereby. The profits of the enterprises will increase and hence more taxes will be paid to the government, labour income in the economy will rise and hence there will be more consumption thereby. More taxes to the government will imply more public spending by the government.

So, saying all of that productivity, economic growth, and future standards of living will be in a much better place with the increase in fixed assets investing and vice-versa.

2. Relation with the investment in health, education, and training of people

With the increased investment in health, education and training, people would be able to work more and better. Thereby, implying higher incomes and productivity leading to more economic growth and ultimately better future standards of living.

3 0

3 years ago