Question: Like old style models, new traditional models had expected that costs would have the option to change impeccably and financial arrangement would just prompt value

Like old style models, new traditional models had expected that costs

Like old style models, new traditional models had expected that costs would have the option to change impeccably and financial arrangement would just prompt value changes. New Keynesian models explored wellsprings of tacky costs and wages because of flawed competition, [15] which would not change, permitting financial strategy to affect amounts rather than costs

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