In the short run in a model with sticky prices:
A) the labour input is countercyclical.
B) the average product of labour is countercyclical.
C) the real wage rate in countercyclical.
D) all of the above.
Correct Answer:
Verified
Q31: In new Keynesian model:
A)money is countercyclical and
Q32: In the short run with a model
Q33: In the short run with a model
Q34: In the short run in a model
Q35: In a new Keynesian model:
A)money is countercyclical
Q37: In the short run with a model
Q38: In the short run with a model
Q39: In the long run in a model
Q40: In the short run with a model
Q41: In the short run in a new
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