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    Macroeconomics Study Set 4
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    Exam 14: New Keynesian Economics: Sticky Prices
  5. Question
    The Y<sup>d</sup>(IS)curve in the New Keynesian Model Represents Output Demand
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The Yd(IS)curve in the New Keynesian Model Represents Output Demand

Question 58

Question 58

Multiple Choice

The Yd(IS) curve in the New Keynesian model represents output demand at different levels of


A) the price level.
B) the real interest rate.
C) the nominal wage rate.
D) total factor productivity.
E) real wage rate.

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