Describe why economists believe that shocks and sticky prices are responsible for shortrun fluctuations in output and

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Describe why economists believe that “shocks”

and “sticky prices” are responsible for shortrun fluctuations in output and employment.

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Macroeconomics

ISBN: 9781259915673

21st Edition

Authors: Campbell McConnell, Stanley Brue , Sean Flynn

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Question Posted: Sep 28, 2024 04:00 AM

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Describe why economists believe that shocks and sticky prices are responsible for shortrun fluctuations in output and employment.
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Describe why economists believe that shocks and sticky prices are responsible for shortrun fluctuations in output and

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Macroeconomics

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