The new Keynesians believe that the economy is not always in equilibrium because:
A) unemployment is voluntary.
B) Federal Reserve policy is too restrictive.
C) government intervention destabilizes the economy.
D) wage and price rigidities exist.
E) inflation is too high.
Correct Answer:
Verified
Q1: _ school of thought would most likely
Q3: Which of the following schools of thought
Q4: In traditional Keynesian economics:
A)the aggregate supply curve
Q5: In the Keynesian region of the aggregate
Q6: Which of the following would explain wage
Q7: The flat region of the aggregate supply
Q8: In the fixed-price Keynesian model, what would
Q9: The figure given below shows the supply
Q10: Which of the following is true of
Q11: Which of the following thoughts do the
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