Which of the Following Schools of Thought Believes That Wages

question 28

Multiple Choice

Which of the following schools of thought believes that wages and prices are rigid in the short run?

• A)Keynesians and new Keynesians
• B)Only monetarists
• C)Only new classical economists
• D)Monetarists and new classical economists
• E)Monetarists and Keynesians

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Definitions:

Mucus

A thick, slippery substance produced by mucous membranes and glands to moisturize and protect certain parts of the body.

Constipation

A common digestive condition characterized by infrequent bowel movements, difficulty passing stools, or experiencing incomplete evacuations.

Bowel Movement

The act of expelling feces from the digestive tract through the anus.

Stools

The excrement released from the intestines through the rectum; also refers to types of seats without back support.