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    Exam 18: Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
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    A Keynesian Model Is One in Which Prices Are Sticky
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A Keynesian Model Is One in Which Prices Are Sticky

Question 71

Question 71

Multiple Choice

A Keynesian model is one in which prices are sticky:


A) in the short run only.
B) in the short run and in the long run.
C) in the long run only.
D) so that they never depend on the money supply.

Correct Answer:

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