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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.
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Answer:</u></h3>
The Keynesian model assumes that nominal wages are inflexible downward - is persistent unemployment a possibility in the Keynesian model
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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.
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The Marshall Plan, also known as the European Recovery Program, was a U.S. program providing aid to Western Europe following the devastation of World War II. It was enacted in 1948 and provided more than $15 billion to help finance rebuilding efforts on the continent. The brainchild of U.S. Secretary of State George C.
Answer:c
Explanation:
My view of prison is that it should be an essential place and is necessary. The reason why is because people who do bad things that take them to jail help them learn their lessons. If jail weren't a thing people would continue doing crimes and won't stop thinking it's ok. With the harsh living conditions, people go through in jail as an inmate most will dread doing what they did which will cause less criminals in the world.
Answer: Missing missing.
Explanation:
Kenna Quinet refers to the “missing missing” as the people who exist in the lower rung of the community whose desappearence are likely to go unnoted, suggesting that there are missing persons who have never been reported missing, some of whom could be serial murder victims.
Quinet estimates the amount of uncounted serial murder victims through extrapolation from databases of missing persons, unnamed dead, and misidentified dead.
The answers should be B) Cultural Diffusion and D) can be used to efficiently transport goods
