Nominal interest rates are considered to be _____ in the short-run model.
A) flexible
B) rigid
C) zero
D) set by the central bank
Correct Answer:
Verified
Q45: During the financial crisis of 2007-08, the
Q46: Nominal rigidity is another term for:
A) sticky
Q47: To move quickly to turn around the
Q48: Which of the following are explanations for
Q49: With sticky prices increasing, the supply of
Q51: Whenever there is excess demand for real
Q52: The demand for real money balances is
Q53: In the money market, equilibrium is achieved:
A)
Q54: What are options for monetary easing using
Q55: The money market clears as people with
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