Multiple Choice
Which of the following represents the key criticism of the Keynesian DMP model?
A) There is good reason to believe bargaining power fluctuates significantly over time.
B) Output is too low relative to unemployment.
C) Output is too high relative to unemployment.
D) Wages should be governed by market forces.
E) Wages are not really sticky.
Correct Answer:

Verified
Correct Answer:
Verified
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