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ice5192 ice5192
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6 years ago
The New Keynesian model predicts that
A) money is neutral.
B) monetary policy causes business cycles.
C) monetary policy is not as effective as fiscal policy.
D) monetary policy is unobservable and unpredictable.
E) Keynesian transmission mechanism for monetary policy is initially through the private sector.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
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karmarkarmar
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