The Results of Alan Blinder's Survey of Firms Suggest All

question 13

Multiple Choice

The results of Alan Blinder's survey of firms suggest all of the following are true except that:

• 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.

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Definitions:

Average Accounts Receivables

The average amount of money owed to a company by its customers for goods or services delivered on credit over a specific period.