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Ao9 Ao9
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Posts: 1908
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8 years ago
A classical objection to Keynesian sticky price models is that
A) it is cheaper for firms to change output rather than change prices.
B) sticky price models are internally inconsistent.
C) it is easier for firms to change prices rather than change output.
D) real shocks are more important than nominal shocks.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Posts: 1906
8 years ago
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Ao9 Author
wrote...
8 years ago
You're sharp, thanks!
wrote...
8 years ago
You're welcome Wink Face Message me if you need any more assistance with your other questions.
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