Question: In the basic New Keynesian model, a firm that cannot change its price _______ A.does not produce. B.earns zero profit. C.must satisfy the demand for

In the basic New Keynesian model, a firm that cannot change its price _______

A.does not produce.

B.earns zero profit.

C.must satisfy the demand for its product.

D.chooses the output level optimally.

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