Multiple Choice
After a drop in nominal aggregate demand,if menu costs prevent firms from reducing prices,this is considered ________ act by firms ________ a "macroeconomic externality."
A) a rational,because it produces
B) a rational,that happens to produce
C) an irrational,because it produces
D) an irrational,that happens to produce
Correct Answer:
Verified
Correct Answer:
Verified
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Q100: In the fooling model's labor market diagram,from