<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 />
Professional athletes are used to being in the spotlight and being judged for every decision they make on or off the field degree people believe that professional sports teams should take public stances on social causes.
Growing Digital Engagement – Before the pandemic, sports governing bodies and leagues focused online as more fans turned to stream platforms via live TV and physical presence. The pandemic accelerates this trend as the bodies that govern sports look for creative ways to engage fans digitally degree people believe that professional sports teams should take public stances on social causes.
Sports also play an important role in boosting the country's economy. The world of sports plays an important role in bringing public stances together from all walks of life and building healthier societies. Sport plays an important role in influencing people's lives as it helps promote a culture of fitness.
Learn more public stances at
brainly.com/question/10404069
#SPJ4
Answer:
Corruption is more prevalent in developing countries because of :
1. Low transparency in governmental works.
2. The government officials taking advantage.
3. Hurrying of the people can also be cause of corruption. They try to give more money or bribe so that their work can be completed faster.
What economic system where the factors of productions are privately owned: Capitalism is the answer
Answer: Double standard
Explanation:
Double standard could be defined as favouring a group of people over another group. Double standard decision most times are not fair and just, as the other party feel cheated because of the decision taken against them. An example is when only ladies are allowed to drive in an organization while everyone can but the men are told to use public transportation.