<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 />
Answer:
corn
Explanation:
the product was almost impossible to grow in their area
Lumbini is where Gautam Buddha was born. He and his teachings are known worldwide.
Mt. Everest is the highest mountain in the world.
That's why they are national pride.
<u>Explanation:
</u>
Resistance is a social phenomenon that includes a broad range of behavior and action. Resistance could occur at the micro-level with the individual's people. Two basic essential elements define resistance that is action and opposition. Action is the idea that could not a being or a state but active behavior could do in opposition. Opposition means broadly speaking that resistance is against something that is seen as unfair or unjust. In other words, the opposition can be defined as the degree of deviance from the dominant culture. It is not a wonder that many scholars apply that resistance is a broad area of behavior.
<u>Type of resistance:
</u>
- Micro-level resistance
- Meso-level of resistance
- The macro level of resistance
- Overt and covert resistance
- Passive and active resistance
The answer is c because it just is
