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:
Absolute equality will prevent individual thought and personal freedoms of expression. Television limits individual thought and creativity. Government control should be limited to prevent a threat to freedom. The fear of communist invasion is a result of government-controlled media. Paranoia leads to a repressive society.
Explanation:
Answer:
well basically think about it:
Explanation:
over the years North Koreahas been over the world's most totalitarian state. just like Cuba, North Korea has an almost entirely state-controlled economy, with similar social programs to those of Cuba. but there is no stock exchange in North Korea either.
Answer:
Benjamin Franklin's Proposed Plan of Confederation, 1775. Shortly after the revolutionary war began at Concord and Lexington, Benjamin Franklin submitted this plan for a united colonial confederation or American republic to the Continental Congress on July 21, 1775.
Explanation:
