<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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Explanation:
We live in a media-saturated world and rely on a variety of old and new media for information, entertainment, and connection. The beginnings of mass media and mass communication go back 560 years to the “print revolution” that occurred in Europe in the fifteenth century. As we progressed through the centuries, mass communication evolved from a mechanical process to electronic transmission, which paved the way for the digitized world of today. While technological advances are an important part of the narrative regarding media, the effects of media are also important to consider. In this chapter, we will discuss some functions and theories of mass communication and some of the key ethical issues related to media and communication.
Answer:
True
Explanation:
A small group of people came to settle in British colonies in America in the beginning. Early settlers came from England, Scotland, and Germany. Early settlers arrived in America to escape persecution and obstructions.
The separatists and the puritans came in North America from England to practice their religion freely and decided to separate themselves from the Church of England. Both found colonies to practice their beliefs.
Scottish settlers came to Nova Scotia in 1629. The colony founded under the charter granted by James VI to Sir William Alexander.
Protestant Germans arrived in Jamestown in 1608.
Answer:
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Explanation:
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The Country is surrounded by the Bay of Bengal in the east, the Arabian Sea in the west, and the Indian Ocean to the south.
