All of the Following Are Suggested by the Results of Alan

question 83

Multiple Choice

All of the following are suggested by the results of Alan Blinder's survey of firms except:

• 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:

Jade

A hard, typically green stone often used in jewelry and decorative arts, especially significant in East Asian and Mesoamerican cultures.

Princess Yongtai

A Tang Dynasty princess known for her tragic early death, her tomb is celebrated for its beautifully preserved mural paintings.

Six Dynasties

A period in Chinese history (220–589 CE) known for its fragmentation into six successive dynasties in the south, coexisting with the Northern dynasties.

Unified Sillan

Refers to the period or condition of unification in the history of the Silla dynasty in Korea.