According to New Keynesians, Which of the Following Is NOT

question 88

Multiple Choice

According to new Keynesians, which of the following is NOT an important source of price stickiness?

• A)Imperfect competition among sellers in the goods market
• B)Government wage and price controls
• C)Long-term nominal wage contracts
• D)Long-term nominal price contracts

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Definitions:

SOAP

An acronym for Subjective, Objective, Assessment, and Plan; a method used in medical documentation to organize patient notes.

Assessment

The evaluation or estimation of the nature, quality, or ability of someone or something.

Diagnosis

The process of identifying a disease or condition from its signs and symptoms, often involving tests and examinations.

Mortality

The state of being mortal or the incidence of death within a population.