New Keynesians would agree with all of the following except a. stabil
New Keynesians would agree with all of the following except
a. stabilization policy can reduce the severity of business cycles.
b. wages and prices are sticky.
c. markets are perfectly competitive.
d. market equilibrium is often suboptimal.
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.