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.
This isn't a school question but ill answer it anyway, he walked off the field because he took the coach saying leave personally.
Answer: implies that the person you ... Once that is answered, you'd move on to provide help, or you'd ask them what sort of ... I might use either one, but in this case it should really be whether.
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Explanation:
more POWER
Idn't Spain have more colonies in Africa?
OK. During the era of exploration, the Portuguese were sailing around the coast of Africa and began their colonies in Mozambique, Angola, Guinea-Bissau, Cape Verde and Sao Tome y Principe. By the 1500's, Spain was preoccupied by explanding their empire in the Americas. Africa was then ignored for centuries before the introduction of quamine, which allowed Europeans to travel inland in Africa without dropping like flies from malaria. Hence, in the 1870's the scramble for Africa began! The British and French, the two largest Western powers of the day, took the most land in Africa. Germany too took colonies...Cameroon, Tanzania, Togo and Namibia were German colonies before WWI. Even Belgium took the Congo (they actually began the Scramble for Africa after circumnaviagting the Congo River). After WWI, they would also take Rwanda and Burundi from the Germans.