The transition economy might have problems with rising unemployment, inflation, lack of entrepreneurship and skills, corruption, lack of legal system, moral hazard and inequality. With these problems that the transition economy will have, it might turn foreign investors and will not invest.
Keynes argued that the private sector was unable to keep the economy at full employment. as a result, the government should take an active role in managing the economy.
<h3>What is a
Keynesian economic theory?</h3>
According to Keynesian economics, the government should raise demand to spur economic growth. Consumer demand, according to Keynesians, is the main engine of an economy. Therefore, the hypothesis is in favor of an expansionary monetary policy. Government spending on infrastructure, unemployment benefits, and education are its key tools. Overusing Keynesian programs has the disadvantage of raising inflation. An economic school of thinking known as Keynesian Economic Theory holds that for economies to recover from recessions, government involvement is required.
To learn more about Keynesian economic theory visit:
brainly.com/question/12556754
#SPJ4
Answer:
Some effects of excessive alcoholic intake on your vision would be:
* Decrease of visual performance. When your visual performance is altered from excessive alcoholic intake, you have a higher possibility of suffering from blurred vision or double vision. The cause of this would be weakening of the eye muscle coordination.
* Slow pupil reactions. Since alcohol affects the speed of when your iris dilates and constricts, it causes an alcoholic driver to have slower reactions to headlights and other important road signals.
* Frequent migraines. Alcohol can also be a trigger for migraines. Before the migraine, the person may experience a visual aura before the headache. They may also see blind spots.
* Increase of redness in the eyes. Since alcohol causes the blood vessels in your eyes to expand, it can make your eyes look red.
Answer: A I'm pretty sure correct me if I'm wrong.
