B. False The reason for that is like for example coffee or coca leaves. they have to have a tropical climate but we don't not have these types in the US.
<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.
<u />
Answer:
Catholics blah blah blah blah
<u>Answer:
</u>
One limitation on the President's foreign policy power is that he can make foreign treaties but he has to present them in from of the Senate for approval. The branch of government that places this check on the President’s foreign policy power is thus, the United States Congress.
<u>Explanation:
</u>
- Though the President of the United States serves as the supreme head of the government, the principles of distribution of power and checks and balances are ultimately applied to him too.
- This distribution of power is deemed to be necessary as it prevents an individual from overpowering the majority of officials that work under him.
- Hence, the foreign policy power of the President can thus be deemed to be 'limited'.
