Multiple Choice
The model that relies on emphasising the importance of sticky wages and prices is the:
A) monetarist model.
B) new Keynesian model.
C) real business cycle model.
D) new classical model.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q97: Which of the following models has as
Q99: After an unexpected increase in the price
Q100: If workers expect the rate of inflation
Q101: In the dynamic aggregate demand and aggregate
Q103: Use the dynamic model of aggregate demand
Q104: Workers expect the rate of inflation to
Q105: If the Australian dollar increases in value
Q107: What is another term for 'potential GDP'?<br>A)realised
Q212: The long-run aggregate supply curve shows the
Q264: The automatic mechanism _ the price level