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Title: According to New Keynesian theory, fluctuations in the target interest rate are not a good explanati Post by: Ao9 on Oct 27, 2015 According to New Keynesian theory, fluctuations in the target interest rate are not a good explanation of the business cycle because the model predicts that
A) labor is countercyclical. B) average labor productivity is countercyclical. C) consumption is constant. D) output is countercyclical. Title: Re: According to New Keynesian theory, fluctuations in the target interest rate are not a good expla Post by: Gordis on Oct 29, 2015 Content hidden
Title: Re: According to New Keynesian theory, fluctuations in the target interest rate are not a good explanati Post by: Ao9 on Nov 2, 2015 Expert ^^ :D
Title: Re: According to New Keynesian theory, fluctuations in the target interest rate are not a good explanati Post by: Gordis on Nov 2, 2015 Glad to help...
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