According to New Keynesian economists, why might business firms pay wage rates above market-clearing levels?

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Macroeconomics

ISBN: 9780324785500

9th Edition

Authors: Roger A. Arnold

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Question Posted: Nov 01, 2024 05:00 AM

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According to New Keynesian economists, why might business firms pay wage rates above market-clearing levels?
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According to New Keynesian economists, why might business firms pay wage rates above market-clearing levels?

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Macroeconomics

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