Homework Clinic
Social Science Clinic => Economics => Macroeconomics => Topic started by: ap345 on Jan 2, 2020
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In the money surprise model, labour supply responds to changes in the money supply because
◦ money is superneutral.
◦ workers cannot distinguish changes in M from changes in z.
◦ workers cannot distinguish changes in M from changes in w.
◦ of sticky prices.
◦ money is neutral.
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workers cannot distinguish changes in M from changes in z.