The New Keynesian Model and the Monetary Intertemporal Model Is

Multiple Choice

The New Keynesian model and the monetary intertemporal model is essentially identical except that

A) nominal and real interest rates are permitted to fluctuate.
B) Bank of Canada policy is restricted.
C) total factor productivity is neutral.
D) money is neutral.
E) the price level is not sufficiently flexible for the goods market to clear in the short run.