× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
smitch6 smitch6
wrote...
Posts: 548
Rep: 0 0
6 years ago
The main difference between the New Keynesian model and the basic monetary intertemporal model is that in the New Keynesian model,
A) the price level is sticky in the short run.
B) wages are sticky in the short run.
C) menu costs are insignificant.
D) firms are backward-looking.
E) prices adjust quickly to equate the supply and demand for goods.
Textbook 
Macroeconomics, Canadian Edition

Macroeconomics, Canadian Edition


Edition: 5th
Author:
Read 69 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
A
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1246 People Browsing
Related Images
  
 811
  
 1606
  
 993