Multiple Choice
The new Keynesian economists believed that:
A) wages and prices are flexible in the short run.
B) wages and real GDP are not flexible in the long run.
C) wages and real GDP are flexible in the short run.
D) wages and prices are not flexible in the short run.
E) wages and prices are not flexible in the long run.
Correct Answer:
Verified
Correct Answer:
Verified
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