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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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You and your friend would be creating a partnership.
Answer: Celtic Sea
Fraggle Rock is a children's puppet television series created by Jim Henson.
Exterior footage of Fraggle Rock was filmed at St. Anthony's Lighthouse located near Falmouth in Cornwall. This means that the lighthouse is located near the Celtic Sea. This sea is an area of the Atlantic Ocean off the south coast of Ireland. Its limits are unclear, but are often considered to be: Saint George's Channel, Bristol Channel, the English Channel and the Bay of Biscay. The name is mostly used by marine biologists, oceanographers and the oil industry.
Answer:
The end of the First World War in 1918 was a time of great social and economic transition that led directly to what made the 1920's “The Roaring Twenties.” ... Technological advancements, urbanization, and immigration led directly to the social upheavals of the 1920s.
Answer:
1.a city-state is a state that contains an independent city which is not administered or governed by another government. A sovereign state consisting of an independent city and its surrounding territory.
2.The supply of water to land or crops to help growth, typically by means of channels.
the river supplies water for irrigation of agricultural crops
3.a straight, narrow cut or opening in something.
4. the earliest cities in Sumer date back to about 3500 B.C.E. These first cities were like small independent countries. They each had their own farmland to provide food. For this reason, they are called city states.
5. They needed to work together to clean the canals. ... Early Sumerian cities were walled settlements surrounded by farmland. The strong city walls were built of sunbaked bricks.
6.There were no mountain ranges or rushing rivers to keep out enemies. The Sumerians began to build strong walls around their cities. They constructed the walls out of mud bricks that were baked in the sun until hard. The Sumerians also dug moats outside city walls to help prevent enemies from entering their cities.
