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    Exam 12: The Business Cycle, Inflation, and Deflation
  5. Question
    Which of the Following Theories Is Criticized for Assuming the Money
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Which of the Following Theories Is Criticized for Assuming the Money

Question 355

Question 355

Multiple Choice

Which of the following theories is criticized for assuming the money wage rate is not sticky?


A) monetarist cycle theory
B) real business cycle theory
C) Keynesian cycle theory
D) new Keynesian cycle theory

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