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lbvjy [14]
3 years ago
10

Both the kush and the maurya experienced a decline in their empires caused by

Social Studies
2 answers:
navik [9.2K]3 years ago
8 0

Answer:

Expenditure on army and bureaucracy

Explanation:

gogolik [260]3 years ago
3 0

Answer:

435

Explanation:

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Why is persistent unemployment a possibility in the Keynesian model but NOT in the classical model?
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<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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Read the following paragraph closely, paying attention to the topic sentence (which is italicized).
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