The correct answer is A. luxuries
There are two categories, needs and wants. Needs are essential items that we need to survive. Wants are things that we want and are often called luxuries. You don't need them to live but you want to have them and it's useful sometimes to have them.
Answer:
B
Explanation:
Its <em>B</em><em> </em><em>number</em><em> </em><em>I</em><em> </em><em>think</em><em>.</em>
<em>It</em><em> </em><em>must</em><em> </em><em>be</em><em> </em><em>2</em><em>0</em><em> </em><em>characters</em><em> </em><em>long</em>
I believe the Project Mercury was the first program that first sent two people into Orbit.
It was the Soviet Union that put the two people to explore the Orbit.
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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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