The results of Alan Blinder's survey of firms suggest all of the following are true 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:
Verified
Q1: The statistical relationship between changes in real
Q5: Okun's law is the _ relationship between
Q6: Most economists believe that prices are:
A) flexible
Q8: The version of Okun's law studied in
Q9: Long-run growth in real GDP is determined
Q11: Leading economic indicators are:
A) the most popular
Q14: Over the business cycle, investment spending _
Q15: The version of Okun's law studied in
Q16: Measures of average workweeks and of suppliers'
Q19: A 5 percent reduction in the money
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