New Keynesian economics refers to
A) the monetarist approach.
B) models of real business cycles with sticky prices.
C) the IS-LM model.
D) models that do not support a role for fiscal or monetary policy.
E) the work of Milton Friedman.
Correct Answer:
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Q5: In 1936, Keynes described his views on
Q6: In the long run, most Keynesians believe
A)
Q7: The New Keynesian model has the property
Q8: An important feature of the New Keynesian
Q9: Most central banks, including the Bank of
Q11: The key difference between Keynesian and Classical
Q12: The Yd(IS)curve in the New Keynesian model
Q13: The New Keynesian model and the monetary
Q14: In the New Keynesian model, the central
Q15: Keynesian sticky price models are typically called
A)
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