<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
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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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Answer:
the just-world hypothesis
Explanation:
When misfortunes befall a person, others sometimes think the victim of circumstances deserved what happened. One reason put forth to explain why someone would think like that has been called <u>the just-world hypothesis</u>.
The just-world hypothesis is the idea that people need to believe one will get what one deserves so strongly that they will rationalize an inexplicable injustice by naming things the victim might have done to deserve it.
The case of Anne Hutchinson in 1637 tell us how the authorities of Puritan understood the idea of religious freedom the women does not allow to have a voice in society. Anne Hutchinson has been doing a religious centered meeting at her own house.
The answer is B because it's saying how he would basically sacrifice his life for his country meaning he is a devoted American
Answer:
I think It's A but not Sure
Explanation:
I took the test and anwsered D but it was wrong so the best choice is A
