All of the following are suggested by the results of Alan Blinder's survey of firms except:
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.

Question

Quizplus · Accepted Answer

The survey results do not suggest that there is only one theory of price stickiness. Instead, they suggest that there are multiple reasons for price stickiness that vary by industry. The survey also suggests that coordinating wage and price setting could improve welfare, and that activist monetary policy can be used to cure recessions.

All of the Following Are Suggested by the Results of Alan