In the long run in a model with sticky prices:
A) prices remain sticky.
B) money affects production.
C) increase in prices reverse the short run effects.
D) all of the above.
Correct Answer:
Verified
Q24: In a new Keynesian model:
A)money is procyclical
Q25: In the short run with a model
Q26: In the short run in a model
Q27: In a new Keynesian model:
A)money is procyclical
Q28: In the short run in a model
Q30: In the long run in a model
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
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