Multiple Choice
A key criticism of New Keynesian models is
A) monetary policy is irrelevant.
B) they don't explain why prices are sticky.
C) they are never used in practice.
D) they do not fit the data as well as real business cycle models.
E) old Keynesian models are better.
Correct Answer:

Verified
Correct Answer:
Verified
Q27: When there is Keynesian unemployment in the
Q28: In the New Keynesian model, the central
Q29: Keynesian sticky price models are typically called<br>A)
Q30: In the New Keynesian model, an increase
Q31: An important feature of the New Keynesian
Q33: The natural rate of interest is<br>A) the
Q34: Most central banks, including the Bank of
Q35: Menu cost models<br>A) explain the cost of
Q36: In the New Keynesian model, an increase
Q37: In the New Keynesian model, an increase