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Author Question: Changes in the money supply in the New Keynesian model is not a likely explanation of the typical ... (Read 82 times)

biggirl4568

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on: Jan 2, 2020
Changes in the money supply in the New Keynesian model is not a likely explanation of the typical business cycle, because the model counterfactually predicts that
◦ the real money supply is procyclical and consumption is procyclical.
◦ consumption is procyclical and the price level is procyclical.
◦ the price level is procyclical and the real wage is countercyclical.
◦ consumption is procyclical and the real wage is countercyclical.
◦ the real wage is countercyclical and the real money supply is procyclical.
Macroeconomics, Canadian Edition ¦ Williamson ¦ 4th Edition
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Marked as best answer by biggirl4568 on Jan 2, 2020

miss.ashley

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Reply #1 on: Jan 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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biggirl4568

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Reply 2 on: Jan 2, 2020
Gracias!

covalentbond

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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