Which Theory Maintains That the Money Wage Rate Always Adjusts

question 207

Multiple Choice

Which theory maintains that the money wage rate always adjusts freely?

• A) Keynesian cycle theory
• B) real business cycle theory
• C) monetarist cycle theory
• D) both the new classical cycle theory and the new Keynesian cycle theory

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A method of teaching new behaviors by reinforcing successive approximations towards the desired behavior.

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