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One Fundamental Difference Between New Classical and the New Keynesian

Question 133

Multiple Choice

One fundamental difference between New Classical and the New Keynesian macroeconomics is that the New Keynesians model firms as ________ competitive price ________.


A) perfectly,setters
B) perfectly,takers
C) imperfectly,setters
D) imperfectly,takers

Correct Answer:

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