The results of Alan Blinder"s survey of firms suggest all of the following except that:
A) there is only one theory of price stickiness.
B) coordinating wage and price setting could improve welfare.
C) reasons for price stickiness vary by industry.
D) activist monetary policy can be used to cure recessions.
Correct Answer:
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Q3: Most economists believe that the classical dichotomy:
A)
Q4: Alan Blinder's survey of firms found that
Q5: Okun's law is the _ relationship between
Q9: Long-run growth in real GDP is determined
Q9: A decline in the Index of Supplier
Q13: When GDP growth declines, investment spending typically
Q15: The version of Okun's law studied in
Q16: Short-run fluctuations in output and employment are
Q19: A 5 percent reduction in the money
Q20: The index of leading indicators compiled by
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