An important feature of the New Keynesian model is that
A) the money market may not clear.
B) the goods market always clears.
C) the labour market may not clear.
D) the labour market always clears.
E) all markets clear.
Correct Answer:
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Q1: Most central banks,including the Bank of Canada,
A)
Q3: New Keynesian economics refers to
A) the monetarist
Q4: The output gap is the difference between
A)
Q5: The Yd(IS)curve in the New Keynesian model
Q6: The key difference between Keynesian and Classical
Q7: The New Keynesian model has the property
Q8: Prices may be sticky in the short
Q9: Keynesian sticky price models are typically called
A)
Q10: The natural rate of interest is
A) the
Q11: In the New Keynesian model,the output demand
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