New Keynesians object to which of the following assumptions?
A) Rational expectations
B) Wage and price stickiness
C) Complete wage and price flexibility
D) Long-term contracts as a source of wage and price rigidities
Correct Answer:
Verified
Q26: An important feature of the new classical
Q27: In the new Keynesian model
A)wages and prices
Q28: In the new classical model,show graphically and
Q29: The new classical model has the word
Q30: It is the existence of rigidities such
Q32: In the new classical model,an anticipated policy
Q33: In the new classical model,an unanticipated increase
Q34: Wage and price rigidities created by long-term
Q35: Rigidities that diminish wage and price flexibility
Q36: The notion that anticipated monetary policy has
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