If a significant portion of firms in the economy does not adjust product prices, a predicted result according to new Keynesian theory is
A) real inflation cycles. B) inflation dynamics.
C) real business cycles. D) output dynamics.
B
Economics
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Deficits and Surpluses
What will be an ideal response?
Economics
Suppose the number of people employed is 25 million and the number of people in the labor force is 75 million. What is the employment-to-population ratio?
A) 33 percent B) 25 percent C) 75 percent D) There is not enough information given to answer the question.
Economics