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Author Question: The New Keynesian model, is Keynesian in that ________. A) it assumes wages and prices are sticky ... (Read 58 times)

plus1

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on: Jun 30, 2018
The New Keynesian model, is Keynesian in that ________.
 
  A) it assumes wages and prices are sticky
  B) changes in the money supply are taken to be the single most important influence on business movements
  C) the velocity of money is a constant
  D) expectations are assumed to be rational

Question 2

Commercial banks are financial intermediaries, as are ________.
 
  A) household savers
  B) state and local governments
  C) insurance companies
  D) organized exchanges


bdobbins

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

C


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