Answer:
The correct answer is letter "A": With the longer duration of unemployment benefits, firms needed to keep wages high to attract people to work. This caused downward wage rigidity, leading to persistent higher unemployment.
Explanation:
The Great Recession (2007-2009) is the period in U.S. economics when it suffered a high-scale dwindle as a result of the collapse in the real estate market and the subprime mortgage crisis. The financial sector collapsed as well forcing some banks to declare bankruptcy.
In this context, long-lasting unemployment benefits were provided such us <em>downward wage rigidity</em>, which implied employers were unable to reduce the salaries in dollar terms. By doing that, having low to none income, in order to meet their income objectives, major organizations had to lay off employees directly causing the rate of unemployment increase.
Answer:
good morning how you doing
Explanation:
my explanation is, thanks for the points
Answer:
Should be the State Department.
Explanation:
Answer: EXPECTANCY THEORY.
Explanation: The expectancy theory proposes that an individual will behave or act in a certain way because they are motivated to select a specific behavior over others due to what they expect the result of that selected behavior will be. In 1964, Victor H. Vroom developed the expectancy theory and defined motivation as a process governing choices among alternative forms of voluntary activities, a process controlled by the individual.
Non farming activities are more profitable in economic sense and good for the environmental health.
Explanation:
Non-farm activities need to be encouraged in a big way. More farm activities (including animal farming) are putting burden on environment and excessive use of available land. Non farming activities are more convenient and can connect cities to the town and villages. It provides more earning opportunity with fewer resources.
Non-farming activities require financial stability/capital. Thus the government needs to be providing loans to the people who want to start their own business at a low interest cost.
