The new Keynesian model has ________ in common with the real business cycle model
A) wage and price stickiness
B) a theory of aggregate demand
C) procyclical inflation
D) a microeconomic foundation
D
Economics
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A product that has an elastic demand curve has all of the following characteristics EXCEPT
A) it has many substitutes. B) a consumer can wait to buy the product. C) it has few or no substitutes. D) it is a large part of a consumer's income.
Economics
The primary deficit is represented by which of the following?
A) G - T B) iB - G + T C) iB + G - T D) rB - G + T E) rB + G - T
Economics