In the new Keynesian model, a positive, permanent supply shock will re
In the new Keynesian model, a positive, permanent supply shock will result in ________.
A) an increase in aggregate demand
B) a decrease in aggregate demand
C) no change in aggregate demand
D) a change in aggregate demand, only if the shock is anticipated
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.