According to the Keynesian Model of Nominal-Wage Rigidity

Multiple Choice

According to the Keynesian model of nominal-wage rigidity,

A) if actual and expected prices are the same,output gap will be zero.
B) even if actual and expected prices are the same,output gap will be positive.
C) even if actual and expected prices are the same,output gap will be negative.
D) output gap exists because of price misperception.