That Wage and Price Rigidities Cause Changes in Aggregate Demand

question 31

Multiple Choice

That wage and price rigidities cause changes in aggregate demand to lead to changes in real output is a concept associated with

• A) classical economists.
• B) new classical macroeconomists.
• C) real business cycle theorists.
• D) new and traditional Keynesians.
• E) supply-side economists.

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