Question: Identify a key difference between the New Keynesian model and the monetary intertemporal model. Question 4 options: menu costs are nonexistent. money is neutral. the
Identify a key difference between the New Keynesian model and the monetary intertemporal model.
Question options:
menu costs are nonexistent.
money is neutral.
the price level is flexible in the short run.
the price level is sticky in the short run.
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