In what ways are the original Keynesian model and the new Keynesian model similar? In what ways

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In what ways are the original Keynesian model and the new Keynesian model similar? In what ways do they differ?

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:26 AM

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In what ways are the original Keynesian model and the new Keynesian model similar? In what ways

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Both models use the concepts of disequilibrium and nonclearing markets Consequently prices and wages ...View the full answer

Macroeconomics

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