Which of the following are explanations for sticky prices?
A) long-term labor contracts
B) fixed exchange rates
C) flexible exchange rates
D) fixed money supply
Correct Answer:
Verified
Q43: An increase in nominal GDP (with inflexible
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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
Q49: With sticky prices increasing, the supply of
Q50: Nominal interest rates are considered to be
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)
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