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6 years ago
After a drop in nominal aggregate demand, if menu costs prevent firms from reducing prices, this is considered ________ act by firms ________ a "macroeconomic externality."
A) a rational, because it produces
B) a rational, that happens to produce
C) an irrational, because it produces
D) an irrational, that happens to produce
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Macroeconomics

Macroeconomics


Edition: 12th
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