1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
RideAnS [48]
3 years ago
13

Keynes argued that a. monopolistic elements in the economy will prevent an immediate sharp fall in prices as a result of decreas

ing demand. b. supply creates its own demand. c. prices are flexible in a downward direction. d. wages are flexible in a downward direction.
Business
1 answer:
Scorpion4ik [409]3 years ago
6 0

Answer:

a. monopolistic elements in the economy will prevent an immediate sharp fall in prices as a result of decreasing demand

Explanation:

When there is recession the price of the factor goes down and with that, the insufficient demand for a certain good or services is eliminated. The reasoning is that the decrease in prices stimulates demand and adjust the market.

Keynes among other economist consider that unemployment increase during recessions because the nominal wages rate do not fall. As the union and worker do not want to see their wage decrease. Same is applied to prices which makes then inflexible in a downward direction.

While "supply creates its own demand" is "Says's Law" which is rejected in keynes main book "The general theory"

Hece option A is the only one which is true

You might be interested in
Which of the following represents a human resource factor that firms must consider when selecting an FDI location?A) intellectua
mina [271]

The involvement of labor unions represents a human resource factor that firms must consider when selecting an FDI location.

Economic theory holds that foreign direct investment (FDI) favors labor-intensive, low-tech output in emerging nations while favoring industrialized nations for high-tech production. FDI typically travels to nations where it is possible to use the internalization benefits of foreign investments to combine ownership advantages with location-specific advantages of the host nations (UNCTAD, 1998). FDI typically depends on a variety of investment-related criteria, such as the investment's motivation (market, resource, or efficiency reasons), the sector of the investment (manufacturing or services), and the size of the multinational firm or investor.

To know more about  foreign direct investment click here,

brainly.com/question/29635624

#SPJ4

4 0
1 year ago
In selecting a target market for a banks checking accounts, the banks marketers should consider the banks strengths, who would g
Nana76 [90]

Yes the answer is A.

The two most important aspects of target marketing is identifying people who would most likely buy your product, but that has to be offset by how much it would cost to reach those people effectively.

8 0
4 years ago
Read 2 more answers
What form of entry tends to be used for the vast majority of services, approximately 85%, to enter a foreign market? agent inter
Nata [24]

Answer:

Exporting

Explanation:

Exporting is a common and relatively easy way to break in to a foreign market by selling your goods to that country.

6 0
4 years ago
Select items that affect incentives for people to produce and exchange goods and services.
Finger [1]

The items that affect incentives for people to produce and exchange goods and services are:

liability rules
property rights
contract enforcement

<span>These factors will hinder the exchange of goods and services to people.</span>
8 0
3 years ago
Read 2 more answers
The best way to negotiate for an increase in starting salary is to _____.
anzhelika [568]
The best choice would be "B". Research other jobs you could potentially have, and see what the salary for them would be. You can tell your employer that you could take this other job with a higher salary, and therefore get what you want without snooping/ begging.

I hope this helps!
~cupcake
8 0
3 years ago
Read 2 more answers
Other questions:
  • When writing about a work of art which question would contribute most to your evaluation?
    15·1 answer
  • Family wealth means debt subtracted from salable assets. given the prevalence of debt for those in poverty, what are the possibl
    12·1 answer
  • A _________ allows deposits and withdrawals; may require a minimum balance to keep the account open; earns interest; and may lim
    6·1 answer
  • Which of the following could be classified as examples of private property ownership that stewards resources wisely? Select all
    11·1 answer
  • After earning a profit of $10 billion, Tekmake decides to double its profits within the next five years. It lays out broad goals
    14·1 answer
  • Christie makes changes to her budget at the end of every month. What is her reason for doing this in terms of smart financial pl
    8·2 answers
  • London Plastics has monthly fixed costs of $82,500, while its variable costs are $4.50 per unit. If the sales price of a unit is
    6·1 answer
  • Unearned revenues are generally: Multiple Choice Revenues that have been earned and received in cash. Increases to common stock.
    14·1 answer
  • QUESTION 5 of 10: You own a house near the beach. Your Home Owners insurance has an annual premium of $1,250. However,since you
    5·1 answer
  • Very urgent, i need this answered asap
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!