Computation of cost breakdowns on the basis of cost per thousand people reached is typically seen in the industry.
Cost breakdown is the process of breaking down a total cost into smaller parts. Cost breakdowns based on cost per thousand people reached is typically seen in the industry.
It is commonly used in advertising and marketing, particularly in evaluating the cost-effectiveness of a campaign or promotion. Therefore, it is evident that the computation of cost breakdowns on the basis of cost per thousand people reached is typically seen in the industry.
This is particularly relevant in advertising and marketing, where it is used to determine the cost-effectiveness of a campaign or promotion.
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if you move your watchband up your wrist an inch or so, you will feel it for only a few moments. this best illustrates: responses weber's law weber's law parallel processing parallel processing accommodation accommodation sensory adaptation
The statement "if you move your watchband up your wrist an inch or so, you will feel it for only a few moments" best illustrates sensory adaptation. Therefore, the correct answer is the last option.
Sensory adaptation is a phenomenon that occurs when the body's sensory receptors have been exposed to continuous, unchanging stimuli. Sensory adaptation is a process that enables the body to adapt to the current environment by decreasing the amount of neural activity devoted to processing a constant stimulus. This process makes it possible for us to stay alert to sudden changes in the environment while ignoring continuous, unchanging stimuli that do not necessitate a reaction.
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our results showed a bilingual advantage, because participants who ______, compared with those who ______, identified more correct words on an attention
Our findings indicated that bilingual individuals had an advantage over monolingual individuals because they correctly identified more words during an attention exercise.
Bilinguals with unimodal expertise controlling two languages in the same modality have an advantage when it comes to cognitive control. Bilinguals were faster on the attention network exam than the monolinguals; moreover, they were more efficient in alerting and executive control.As a result of the substantial group differences, Friesen et al. (2014) came to the conclusion that bilingualism enhances top-down selective attention in young adults.In the part of the brain connected to cognitive abilities like inhibition and focus, bilingual individuals exhibit increased activation. When encoding the basic frequency of sounds in the presence of background noise, for instance, bilinguals have been shown to perform better than monolinguals.
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it is difficult to learn behaviors that we do not experience and practice as we develop. this suggests that______ plays a very important role in what we learn.
It is difficult to learn behaviors that we do not experience and practice as we develop. This suggests that experience and practice play a very important role in what we learn.
The statement "it is difficult to learn behaviors that we do not experience and practice as we develop" suggests that experience plays a very important role in what we learn.
Learning is the acquisition of knowledge, abilities, habits, values, or preferences as a result of experience, research, teaching, or direct instruction.
Learning happens through experience and training. It's a behavioral modification, and it's influenced by a variety of factors. Learning has a role to play in all aspects of human life, from youth to adulthood.
In the above statement, it is stated that experience plays an important role in what we learn.
This is true because experience is the key factor that facilitates learning.
Experience is significant since it enables the learner to grasp and retain the information.
Experience allows people to gain a deeper understanding of the concepts or actions they are learning, as well as the opportunity to perfect or reinforce their abilities.
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during a research study, melinda is asked to circle one of seven venn diagrams to describe her relationship with her spouse. which of the following is melinda using?
During a research study, Melinda is asked to circle one of seven Venn diagrams to describe her relationship with her spouse. She is using the Venn diagram to describe the relationship with her spouse.
What is a Venn diagram?
A Venn diagram is a diagram made up of intersecting circles that is utilized to represent sets of items that are compared and contrasted. Each circle represents a collection, with the items in the collection indicated by its border, and the collection's name written in the middle. The overlapping portion of the circles represents items that are present in both sets.The diagram's size and shape, as well as the labels used, are determined by the problem being addressed. Melinda was given seven Venn diagrams to choose from. To describe her relationship with her spouse, she must have chosen the one that best represents the characteristics of her relationship.
As a result, it's safe to say that Melinda is using a Venn diagram to describe the relationship with her spouse. In summary, Melinda is utilizing a Venn diagram to describe her relationship with her spouse, which is a diagram made up of intersecting circles that is utilized to represent sets of items that are compared and contrasted.
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What is the significance of the song “over there” ? How does this song portray the war ?
The song "Over There" is about the "Yanks" (the Americans) going "over there" (across the Atlantic) to help fight the "Huns" (what the Americans called the Germans at the time) during World War I.
Answer:
“Over There” is a song written by George M. Cohan in 1917. Nora Bayes, Enrico Caruso, Billy Murray, Arthur Fields, and Charles King were among many who recorded the song. It was written as a propaganda piece encouraging young American men to join the army to fight in World War I. The song was incredibly popular, selling over two million copies of sheet music and one million copies of recordings by the end of the war. Cohan, the writer, was eventually even awarded a Congressional Medal of Honor for his work on this song.
Explanation:
Explains that george m. cohan's "over there" was written as a propaganda piece encouraging young american men to join the army to fight in world war i.
a group of persons elected by the stockholders to govern a corporation is called
A group of persons elected by the stockholders to govern a corporation is called a Board of Directors.
A board of directors is a group of executives that jointly oversees an organization's operations. This organization could be for-profit or nonprofit, such as a company, nonprofit, or government agency.
Governmental rules, including the corporate law of the applicable jurisdiction, as well as the organization's constitution and by-laws, set down the rights, obligations, and responsibilities of a board of directors. These authorities may stipulate the number of board members, the process for selecting them, and the frequency of their meetings.
The legal obligations of boards and board members change depending on the type of organization and the applicable jurisdiction. These obligations are often far more demanding and difficult for businesses with publicly traded shares than for businesses of other types.
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how might behaviors that you practice as a teen affect your skeletal system later in life?
People can support strong bone health and lower their chance of developing bone-related disorders later in life by adopting healthy behaviors such as eating a balanced diet, exercising frequently, and abstaining from dangerous habits like smoking and binge drinking.
Teenage behaviors can have a big impact on how the skeletal system functions later in life. Many instances include:
Bad diet: A poor diet throughout adolescence might result in weakening bones later in life. The growth and development of bones throughout the crucial adolescent years can be hampered by a diet low in calcium, vitamin D, and other minerals essential for bone health.Lack of physical activity: Bone strength is built during the teen years through regular physical activity. Physically inactive teens may develop weaker bones as they age.Smoking: Smoking during the teen years might harm the health of your bones. The body's capacity to absorb calcium, which is necessary to develop strong bones, can be hampered by nicotine and other compounds in tobacco smoke.Abuse of alcohol: Abuse of alcohol throughout the teen years might prevent the body from absorbing calcium, which can result in damaged bones later in life.Eating disorders: Eating disorders like bulimia and anorexia can result in malnutrition, which can have a detrimental effect on bone health.To know more about anorexia
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(T/F) from an antiterrorism perspective espionage and security negligence are considered Insider Threats?
Answer:
Insider threats manifest in various ways: violence, espionage, sabotage, theft, and cyber acts. Expressions of insider threat are defined in detail below. Violence – This action includes the threat of violence, as well as other threatening behaviors that create an intimidating, hostile, or abusive environment.
Explanation:
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From an antiterrorism perspective espionage and security negligence are considered Insider Threats is a true statement.
Insider threats can take many different forms, including physical harm, spying, terrorism, theft, and cybercrime. Below, specific definitions of insider threat expressions are provided. Violence - This action involves the potential use of violence as well as other dangerous acts that produce a fearful, angry, or unpleasant atmosphere.
Compared to the area past the security checkpoint, the ticketing area is safer. Maintaining a well-maintained car is regarded as a "best practice" in terms of security and tranquility.
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Which one of the following symbols and is representation, used in human pedigree analysis is correct? a. unaffaected male b. unaffaected female c. male affected d. mating between relatives
The symbol and representation, used in the human pedigree analysis are male-affected.
A family tree diagram with standardized symbols. A pedigree reveals the connections between family members and identifies the members of a family who have particular genetic pathogenic variations, features, and diseases as well as their current health.
A pedigree chart, which is most frequently used to represent people, show dogs, and race horses, depicts the incidence and manifestation of phenotypes of a particular gene or species and its descendants from one generation to the next.
As males have only one X chromosome, the trait must be X-linked for a pedigree chart to indicate only men affected in all generations. The characteristic has to be recessive to make sure that all men are impacted. Males only need one recessive allele, whereas females need two to display this characteristic.
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Being alone is a process by which we do all of the following except: (pg. 142) a. Learn to tolerate feelings of isolation
b. Develop strength and self-reliance
c. Develop a deep understanding of ourselves
d. Reject the social overtures of others
Being alone is a process by which we do all of the following except reject the social advances of others. The correct option is d.
Being alone oneself teaches us to cope with loneliness, strengthens our independence, and helps us gain a profound awareness of who we are. The social advances of others need not necessarily be rejected, though. While spending time alone can be a sign of being alone, it is not always necessary to fully reject social contacts or turn off new connections when they present themselves.
Thus, the ideal selection is option d.
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people who score high on ________are most likely to dislike immigrants who maintain their own culture and do not conform to the values of the dominant culture.
People who score high on authoritarianism are most likely to dislike immigrants who maintain their own culture and do not conform to the values of the dominant culture.
Authoritarianism is a kind of political system in which the government has complete control over everything. The people do not have any say in how they are ruled, and the government frequently uses force to ensure that everyone adheres to the rules. A dominant culture is a culture that is more powerful than other cultures in a society or region. The most prevalent culture is frequently that of the majority ethnic or racial group. Immigrants often struggle to integrate into the dominant culture since they frequently face obstacles such as discrimination, bigotry, and linguistic barriers. People who score high on authoritarianism are most likely to dislike immigrants who maintain their own culture and do not conform to the values of the dominant culture.
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according to vygotsky, a child's first guided participation is provided by a mentor who is most likely a:
According to Vygotsky, a child's first guided participation is provided by a mentor who is most likely an adult, typically someone close to the child, such as a parent, teacher, or older sibling.
According to Vygotsky, a child's first guided participation is provided by a mentor who is most likely a parent or primary caregiver.
The mentor helps the child to learn new skills and acquire knowledge through their interactions and support.
This mentor is responsible for providing guidance and support as the child engages in activities, helping them to reach their full potential.
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6. Write a short essay that responds to the following prompts about the costs and
benefits of insurance.
a. How do people decide what kind of insurance they need?
b. Choose a critical or required form of insurance - such às health or auto -
and explain some costs and benefits for owning this type of insurance
c. Other types of insurance cover more specific expenses and may not always
be necessary. Describe some of the costs and benefits for owning special
types of property insurance
d. Finally, think of the most valuable item that you or someone in your family
possesses. It might be an autograph, laptop, necklace, baseball card, bicycle,
or anything else with actual monetary value. Explain the thought process you
would go through in order to figure out whether this item is worth insuring
with property insurance. Ultimately, is it worth insuring? Why or why not?
(20 points)
a. Based on a number of variables, including their financial situation, lifestyle, and potential dangers, people choose the type of insurance they require. To protect their finances in the event of an accident, someone who owns a car, for instance.
Choose a necessary or mandated type of insurance, such as health or car, and describe some costs and advantages of having this kind of coverage.b. Health insurance is an essential type of insurance that offers a number of advantages. Healthcare expenses can be high, and without insurance, some people would not be able to pay for required medical care. Prescription medicines, hospital stays, and other medical costs may be covered by health insurance. Additionally, certain health insurance plans could provide preventative healthcare services like vaccinations and wellness checks, which can promote wellbeing and identify health risks early.
c. Property insurance with specialized coverage for particular costs may not always be required. For instance, having flood insurance is often only necessary for those who reside in flood-prone areas. Depending on the precise coverage required, the price for specialized types of property insurance might vary greatly. Protection against losses that might not be covered by regular insurance policies is one of the benefits of having specific types of property insurance.
d. The decision to insure a particular object with property insurance will be based on a variety of considerations, including the item's monetary value, sentimental value, and the dangers involved in having it. It might be worthwhile to insure the item if it is precious and difficult to replace. In contrast, it might not be essential to insure a replacement or insignificantly valuable item.
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1. Briefly explain what an unemployment rate is and what part of a country's
population is used to calculate it. How can the unemployment rate be used as an
indicator of economic health? (4 points)
Answer:
Unemployment rate is the percentage of people in a country's labor force who are unemployed and actively seeking employment. It is calculated by dividing the number of unemployed people by the total number of people in the labor force. The unemployment rate can be used as an indicator of economic health because it reflects the level of economic activity in a country. A high unemployment rate indicates that there is a lack of economic activity, while a low unemployment rate indicates that the economy is doing well.
Explanation:
The unemployment rate is the percentage of people in a country's labour force who are unemployed and actively seeking employment. It can be used as an indicator of economic health because it reflects the level of economic activity in a country.
What is the unemployment rate?The unemployment rate is the percentage of the labour force without a job. It is a lagging indicator, meaning that it generally rises or falls in the wake of changing economic conditions, rather than anticipating them. When the economy is in poor shape and jobs are scarce, the unemployment rate can be expected to rise. When the economy grows at a healthy rate and jobs are relatively plentiful, it can be expected to fall.
There are six different ways the unemployment rate is calculated by the Bureau of Labor Statistics using different criteria. The most comprehensive statistic reported is called the U-6 rate, but the most widely used and cited is the U-3 rate.
U.S. unemployment data is released on the first Friday of every month.
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there is a consensus among health economists that socioeconomic status has a major impact on health, but health does not have a significant effect on socioeconomic status. T/F
True, there is a consensus among health economists that socioeconomic status has a major impact on health, but health does not have a significant effect on socioeconomic status. This statement is true.
What is socioeconomic status?Socioeconomic status refers to the position of an individual in the society or the economic status of an individual in relation to their income, education, and occupation. This measure considers the income, education, and occupation of an individual or a family.
Inequalities in income, wealth, occupation, and education have significant effects on health.Various researchers and health economists have shown that people with low socioeconomic status have higher morbidity and mortality rates compared to those with higher socioeconomic status.
The reason is that people with low socioeconomic status have limited access to healthcare facilities and health education. They have limited resources to access healthy foods, living conditions, and neighborhoods, which leads to health disparities.
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What are RCRA containers?
RCRA containers are designed to store and transport hazardous wastes. These containers are used to store, transport and dispose of hazardous waste in a safe and environmentally sound manner.
RCRA is the Resource Conservation and Recovery Act. This act, enacted in 1976 by the US Congress, provides a framework for managing hazardous and non-hazardous solid wastes. It set the criteria for the management of hazardous and non-hazardous solid wastes. The act's primary aim was to reduce the amount of waste generated and to ensure that waste is disposed of in an environmentally sound manner.
RCRA containers are designed to meet specific requirements for hazardous waste management. They are made of materials that can withstand the hazards of waste and the conditions of the storage site. RCRA containers come in a variety of shapes and sizes, from 55-gallon drums to large tanks. They are designed to be leak-proof, durable, and easy to handle. The containers are often color-coded to help identify the type of waste they contain. For example, blue containers are used for universal wastes like batteries, while red containers are used for flammable wastes.
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How are the people contributing to the economy of the country?
Answer:
How can people contribute to the economy?
6 Simple Ways to Support Your Local Economy
Join a Giving Circle.
Shop Local Grocers.
Shop Small Businesses.
Pledge to Local Funding Initiatives.
Attend Concerts of Local Artists.
Support Community Events.
Make an Impact in Your Local Economy Now.
one criterion that influences companies on location decisions is the fact that state governments are willing to forgo some tax revenue in exchange for job growth. true or false?
True. State governments frequently reward businesses for investing and creating jobs in their state by providing tax breaks and other financial advantages.
The term "economic development incentives" or "business incentives" is used to describe this. With the help of these incentives, state governments hope to keep existing companies, draw in new ones, and produce jobs for their citizens. Tax relief in the shape of credits, exemptions, abatements, or other forms of tax relief are examples of possible tax incentives.Because they need to be close to their labor source, fast food chains tend to cluster together.Regional considerations, community concerns, and site-specific considerations are the primary variables influencing location decisions. Life quality, services, attitudes, taxes, environmental laws, utilities, and development assistance are all considered to be community elements.
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state three unequal gender tendencies within relationships that may be reinforced by the irresponsible portrayal of female characters by the media
Answer: youth, sexuality, and beauty,
Explanation: unequal gender tendencies within relationships that may be be reinforced by the irresponsible portrayal of female characters by the media.
The three unequal gender tendencies within relationships that may be reinforced by the irresponsible portrayal of female characters by the media is given below:
The Unequal Gender TendenciesThe tendency to view women as objects of sexual desire rather than individuals with their own agency and desires.
The tendency to view women as dependent on men for validation and fulfillment, rather than as independent and self-sufficient.
The tendency to view women as emotionally unstable or irrational, reinforces harmful stereotypes and potentially leading to dismissive or abusive behavior in relationships.
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what does relationship power inequality mean
Answer:
It means an imbalance of power between partners.
Explanation:
In a simple form, in a relationship, one maintains power and control over another and also is unequal
according to cross-cultural research, women are generally perceived as having higher levels of emotionality. some researchers suggest that this perception is caused by:
We can see according to cross-cultural research, women are generally perceived as having higher levels of emotionality, and some researchers suggest that this perception is caused by biological and cultural factors.
What is cross-cultural research?Cross-cultural research is a type of scientific investigation that compares and contrasts cultures or societies to identify similarities and differences in their beliefs, values, behaviors, and practices. This type of research seeks to understand how cultural differences affect human behavior and to identify cultural universals, which are features that are common to all cultures.
Biological factors refer to the differences in hormonal and neurological processes that may cause men and women to experience and express emotions differently.
Cultural factors refer to the social and environmental influences that shape our beliefs and behaviors.
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create a query that shows the employee id, last name, state, and date hired for employees who live in delaware and were hired after 12/31/99. perform an ascending sort by employee id.
The following SQL query can be used for employee ID: SELECT EmployeeID, LastName, State, DateHiredFROM EmployeesWHERE State='Delaware' AND DateHired > '1999-12-31'ORDER BY EmployeeID ASC
To show employee ID, last name, state, and date hired for employees who live in Delaware and were hired after 12/31/99 in ascending order of employee ID. Here, the SELECT statement is used to choose the required columns, i.e., EmployeeID, LastName, State, and DateHired. The FROM statement is used to specify the table, which is 'Employees'.The WHERE statement filters the results to show only those employees who live in Delaware and were hired after 12/31/99.
The ORDER BY statement sorts the results in ascending order of employee ID.
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what are common tendencies in perception? for example, we make snap judgments (which can sometimes involve stereotypes); we cling to first impressions; we are influenced by our expectations; and we are influenced by the obvious. do all equally apply here?
Common tendencies in perception include making snap judgments that can sometimes involve stereotypes, clinging to first impressions, being influenced by expectations, and being influenced by the obvious.
These tendencies may not apply equally in all situations.
What is perception?
Perception refers to the way that we organize and interpret sensory information, making it meaningful and useful for our purposes. Perception allows us to make sense of the world around us by interpreting sensory information and giving it meaning. As we interpret the sensory information that we receive, we tend to rely on certain patterns and tendencies that are common across many different situations and contexts.
Common tendencies in perception There are several common tendencies in perception, including: Making snap judgments that can sometimes involve stereotypes. Clinging to first impressions. Being influenced by expectations. Being influenced by the obvious. These tendencies are not always equally applicable to every situation or context. In some cases, one tendency may be more important than others.
For example, when we encounter a new person or group of people, we tend to make snap judgments and rely on stereotypes to fill in the gaps in our knowledge. However, over time, we may become more open-minded and willing to change our perceptions based on new information.
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kingsley davis and wilbert e. moore provided a functionalist explanation of stratification, arguing that it has beneficial consequences for society. true or false
Kingsley Davis and Wilbert E. Moore provided a functionalist explanation of stratification, arguing that it has beneficial consequences for society. The statement is true.
What is the functionalist explanation of stratification?The functionalist explanation of stratification, as argued by Kingsley Davis and Wilbert E. Moore, suggests that it is beneficial to society as a whole. It argues that stratification benefits society as a whole by encouraging individuals to take on important roles and ensuring that those who are best suited to do so are rewarded for their efforts.
Stratification, according to the functionalist perspective, ensures that individuals are motivated to achieve their full potential, knowing that their success is directly linked to their effort. It ensures that society is efficient, with individuals working in roles that are best suited to their abilities, rather than simply working at jobs because of financial necessity.
This results in a more productive, innovative, and successful society overall.Therefore, it can be concluded that Kingsley Davis and Wilbert E. Moore provided a functionalist explanation of stratification, arguing that it has beneficial consequences for society. The statement is true.
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Which of these industries has the least elastic supply curve?
a. the toy industry
b. the nuclear industry
c. the entertainment industry
d. the automobile industry
The nuclear industry has the least elastic supply curve.
This is because the nuclear industry requires a significant amount of time and resources to build and maintain nuclear power plants, and there are strict regulations and safety standards that must be met. As a result, it is difficult for producers in the nuclear industry to quickly adjust their production levels in response to changes in demand or prices. In contrast, the toy industry and entertainment industry may have more elastic supply curves, as they can often quickly adjust their production levels in response to changes in demand. The automobile industry may have a moderately elastic supply curve, as it can take time to ramp up production, but not as much as the nuclear industry.
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Is there a connection to the plight of the Amazigh to gain linguistic recognition in the Maghreb and French Imperialism?
Answer: Though Tamazight was only recognized as an official language in the Algerian constitution in 2016, activists consider this period critical.
Explanation:
Write the main features of mansabdari system. Write in 4 points.
Please explain.. Tomorrow's my final exam..
Answer:
Explanation:
The Mansabdari system was a military and administrative system introduced by the Mughal Emperor Akbar in India in the late 16th century. The main features of the Mansabdari system are:
1 Rank and salary system: The Mansabdari system was based on a ranking system where each official or officer (called a Mansabdar) was assigned a specific rank or Mansab, which determined their salary and military responsibilities.
2 Military obligations: The Mansabdars were primarily responsible for maintaining and leading the Mughal army. They were required to maintain a certain number of soldiers and horses according to their rank, and were expected to provide military service when called upon by the emperor.
3 Promotion based on loyalty and performance: Promotion within the Mansabdari system was based on loyalty to the emperor, military success, and overall performance. A Mansabdar could be promoted or demoted based on their performance and could also be granted additional territories and responsibilities.
4 Dual responsibility: The Mansabdars were also given administrative responsibilities, such as collecting revenue, maintaining law and order, and supervising the administration of the areas under their control. This dual responsibility of military and administrative duties helped to centralize and strengthen the Mughal Empire.
Vicky paid $350 for 3 dresses and 4 blouses. Each dress cost 3/4 as much as a blouse.
What was the cost of each dress?
Answer:
Let the cost of a blouse be x.
Then, the cost of a dress would be 3/4 times the cost of a blouse, or 3/4x.
According to the problem, Vicky paid $350 for 3 dresses and 4 blouses, so we can set up the equation:
3(3/4x) + 4x = $350
Simplifying, we get:
9/4x + 4x = $350
17/4x = $350
x = $82.35
Therefore, a blouse costs $82.35, and a dress costs 3/4 times that amount, or $61.76.
dsm-5 is the classification system for abnormal behaviors that is: group of answer choices used by the world health organization. most widely used in the united states. used for medical disorders. used exclusively for children.
The DSM-5 is the most widely used classification system for abnormal behaviors in the United States. Thus, Option B, "most widely used in the United States", is correct.
What is DSM-5?The Diagnostic and Statistical Manual of Mental Disorders, Fifth Edition (DSM-5) is a guide that classifies and provides descriptions and symptoms of mental disorders. The American Psychiatric Association publishes it. It is used to diagnose and classify psychiatric disorders. Abnormal behavior is behavior that deviates from social norms and may cause distress or harm to oneself or others.
A person's behavior is judged by cultural and social norms. As a result, what is considered unusual in one culture may be regarded as normal in another culture. The DSM-5 is the most widely used classification system for abnormal behaviors in the United States. The World Health Organization's (WHO) classification system is the International Classification of Diseases (ICD).The DSM-5 is used for the diagnosis of psychiatric and mental disorders.
It provides criteria and diagnostic guidelines for clinicians to make a diagnosis of a mental illness. The DSM-5 has a total of 20 categories that cover mental illnesses like mood disorders, anxiety disorders, personality disorders, eating disorders, substance-related disorders, and more.
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According to Classical economists in the 1930s, a recession will end when: A. government creates enough jobs for all of the unemployed. B. wages rise enough to eliminate unemployment. C. wages fall enough to eliminate unemployment. D. taxes are cut enough to stimulate private spending
According to Classical economists in the 1930s, a recession will end when wages fall enough to eliminate unemployment.
What was the Great Depression?The Great Depression was a worldwide economic depression that lasted from 1929 to 1939. It was the longest, deepest, and most widespread depression of the 20th century. The Depression began in the United States after the stock market crash of October 1929 and caused worldwide economic, social, and political upheaval.
The Classical Theory of the Great Depression is a theory put forth by classical economists who advocated laissez-faire economics. The theory emphasizes the self-correcting nature of the market and contends that the market will correct itself if left alone. As a result, there is no need for the government to intervene in the economy.
Classical economists believed that the solution to a recession was to allow the market to correct itself by allowing wages to fall until unemployment was eliminated. This would allow prices to fall, making goods and services more affordable and resulting in an increase in demand. As demand increased, producers would hire more workers, lowering the unemployment rate.Wages fall enough to eliminate unemployment is the correct answer.
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