<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
<h3><u>
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: Salvia (Salvia officinalis), también llamada salvia común o salvia de jardín, hierba aromática de la familia de la menta (Lamiaceae) cultivada por sus hojas picantes. La salvia es originaria de la región mediterránea y se usa fresca o seca como saborizante en muchos alimentos, particularmente en rellenos para aves y cerdo y en salchichas.
La salvia se encuentra en su estado natural salvaje de España.
Explanation:
Answer:
An decrease in interest rates generated by the FED buying bonds will, ceteris paribus, _increase __________ bond prices..
Explanation:
There is inverse relation between bond price and interest rate .
Bond price , sums up the present cash value of cash flow of bond. The cash flow is discounted by the prevailing interest rate . If it goes down , the NPV of cash flow increases . Hence the bond price increases.
Second theory is that , when prevailing interest rate decreases , demand of bond on which interest rate is fixed goes up . Hence its price increases.
Answer:The principal function of Credit Unions is to encourage savings and thrift and provide consumers credit at favorable interest rates. Vision Financial Federal Credit Union is federally chartered and regulated by the National Credit Union Administration (NCUA).
Explanation: just think about it
<span>i believe the answer is: product promises that are not delivered
The most common way for a people to know the existence of a certain product is through advertisement.
In general, the positive quality of a product would be over exaggerated by the advertisement in order to attract more customers.</span><span />
