What is meant by the term price stickiness in the new Keynesian view? What explains price stickiness?

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Money Banking And The Financial System

ISBN: 1801

3rd Edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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Question Posted: Jan 03, 2019 11:51 AM

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What is meant by the term price stickiness in the new Keynesian view? What explains price stickiness?

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Price stickiness means that prices adjust slowly in the short ru...View the full answer

Money Banking And The Financial System

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