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    Exam 9: Macroeconomic Viewpoints and Models
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    The School of Thought That Holds That, in the Macroeconomy
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The School of Thought That Holds That, in the Macroeconomy

Question 70

Question 70

Multiple Choice

The school of thought that holds that, in the macroeconomy, prices and wages are inflexible, or "sticky,"downward is:


A) classical economics.
B) new classical economics.
C) new Keynesian economics.
D) all of the above.

Correct Answer:

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