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horsena [70]
3 years ago
11

when John Maynard keynes said, "in the long run we are all dead," what problem of classical economics was he pointing out

Social Studies
1 answer:
77julia77 [94]3 years ago
8 0

<u>Problem of classical economics pointed by John Maynard keynes:</u>

He was complaining about economists who believed that unemployment would be reduced or eliminated after the recession if the market is not somehow stimulated or steered in right direction. He agreed that this strategy can work in long run, however, in short run, it would pose some problems due to people’s nature of hoarding money and banking preferences.  

The classical economists believed that in the midst of a great depression and recession, the government should not do much and the economy would recover on its own which may take decades for such to happen.

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Kraft Foods brought together a group of twenty mothers to discuss their views of Kraft Singles in comparison to less expensive b
Marizza181 [45]

Answer:

Focus group

Explanation:

Focus group:

It is a group in which selected people participated and discuss the intended perception of the consumer on a particular or specific topic without any threatening environment with a positive response. Focus groups are collective together on a specific purpose. This group allows getting the information from the alternatives ways from the consumers without any survey study. A focus group can be conducted in the research study in which participants vary but the area is constant. The focus group's main purpose is to identify the feelings, emotions, perception and thought of a customer about a specific product, item, and solution.

6 0
3 years ago
After a recent election, people who were not happy with the results began to change how they defined their public attitudes. The
kramer

Answer:

Symbolic interactionism

Explanation:

Symbolic interactionism is a sociological theory that emerges as a result of practical situations/considerations, thereby allowing a person to think or behave in a certain way.

Symbolic interactionism is mostly important in the upbringing of a child as it helps the child to understand his social roles through his/her interaction with the environment.

Cheers.

7 0
3 years ago
Question: A relationship with another country based on less hostility.
mixas84 [53]

The correct answer to this open question is the following.

A relationship with another country based on less hostility is called "Détente."

This word has its origins in France and was applied to mean the diminish or release from tension. It was used during the Cold War years in which the Soviet Union and the United States competed in the arms race, the space race, and the spread/containment of Communism around the world.

Trying to ease tensions, on May 22, 1972, United States President Richard Nixon visited Moscow to have an official meeting with Soviet leader Leonid Brezhnev. In that visit, both leaders signed the famous SALT agreement: the Strategic Arms Limitation Talks.

4 0
3 years ago
Why do you think that colonists living in New
Gala2k [10]
During that time period it was before the Enlightenment. Which meant that people could no prove many of the things happening in the world. They were also subject to nature when living in The New World and not to mention most colonies up in the New England area moved there for religious freedom.
6 0
3 years ago
The U.S. Supreme Court defines materiality as "the magnitude of an omission or misstatement of accounting information that, in l
bagirrra123 [75]

Answer: False

Explanation:

The U.S. Supreme Court doesn't defines materiality as "the magnitude of an omission or misstatement of accounting information that, in light of surrounding circumstances, makes it probable that the judgment of a reasonable person relying on the information would have been changed or influenced by the omission or misstatement." Instead, materiality is defined as “generally states that information is material if there is a substantial likelihood that the omitted or misstated item would have been viewed by a reasonable resource provider as having significantly altered the total mix of information,”

3 0
3 years ago
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