New Keynesian economists believe that _______ is influenced by _______.
A) today's money wage rate; today's rational expectations of the price level
B) yesterday's money wage rate; today's rational expectations of the money wage
C) today's money wage rate; yesterday's rational expectations of the price level
D) today's money wage rate; animal spirits
E) yesterday's rational expectations of the price level; today's money wage rate
Correct Answer:
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