<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:
The Michigan Department of Health and Human Services has announced a 6.8% permanent increase in monthly Supplemental Nutrition Assistance Program or (SNAP) benefits starting Oct. The SNAP increase will be automatically added to recipients benefits starting this month
Explanation:
hope this helped you if it did please mark brainiest
Answer:
Equity(fair).
Explanation:
Tax cut in usual term is demonstrated as the rebate or reduction in the tax rate paid by the citizens to the government. Tax cuts are often considered as controversial political issue as some of the politicians assert that these cuts tend to serve more as a gain for the higher-income as compared to the lower-income groups which economists would categorize as a step taken in regard to establish the 'equity' among the tax rates. Because it becomes quite impartial or unfair to charge a higher tax rate from the higher-income groups and lesser from the lower-income groups. Therefore, the step is in regard to 'equity'.
The are two kinds of variables in an experiment: the independent variable and the dependent variable. The independent variable is not changed or influenced by the experiment or by other variables, it can be age, date, level of drug in blood.
The variable that changes is the dependent variable: it changes according to the dependent variable (this is the answer)
