How would your prediction differ in problem 13 if the new Keynesian model provides a more accurate

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How would your prediction differ in problem 13 if the new Keynesian model provides a more accurate description of the economy? What if the traditional model provides the most realistic description of the economy?

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Economics of Money, Banking and Financial Markets

ISBN: 978-0321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Aug 12, 2012 04:35 AM

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How would your prediction differ in problem 13 if the new Keynesian model provides a more accurate

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Using the traditional model the shortrun aggregate supply curve would continue to ...View the full answer

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