Which of the Following Models Relies on Emphasizing the Importance

question 102

Multiple Choice

Which of the following models relies on emphasizing the importance of sticky wages and prices?

• A)the monetarist model
• B)the new classical model
• C)the real business cycle model
• D)the new Keynesian model

---

Definitions:

Positive Pygmalions

The effect of higher expectations by leaders or teachers leading to improved performance among their students or subordinates.

Behavior Affects

The way an individual's emotions and attitude influence their actions and behaviors.

Own Traits

Personal characteristics or attributes that define an individual's unique identity or personality.

Self-Fulfilling Prophecy

A forecast that, through a cycle of belief influencing actions, becomes a reality because of the positive reinforcement between what is believed and how one behaves.