<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 Treaty was fair in the sense that it could be justified by the Allied powers. It was not wise in that the harsh conditions of the treaty set the stage for world war II. Germany had declared war on France Russia and England after Russia declared war on the Austrian Hungarian Empire.
Mahatma Gandhi made spinning on the charkha and the daily use of khadi , or a coarse cloth made from homespun yarn , very powerful symbols. these were not only symbols of self-reliance but also of resistance to the use of British mill-made cloth....;
Answer:
The correct answer is:
Staffing
Explanation:
Staffing process involves all the activities inside the human resources management (HRM) related with the selection of the right people for the adequate job right on time. This process has to do with the evaluation of the different capacities, aptitudes, abilities and skills that the candidates for a certain job may have, and according to all the parameters needed for the position the candidates will be selected.
declare war, appoint military officers, sign treaties, make alliances, appoint foreign ambassadors, and manage relations with Indians
