How does the New Keynesian model fit the key business cycle facts?Some key business cycle facts are that consumption, investment, employment, the real wage rate, and average labour productivity are all

procyclical.

acyclical.

countercyclical.

Assuming that the central bank behaves optimally in response to persistent total factor productivity shocks, the New Keynesian model

fits all of these except for investment.

fits none of these except for the real wage rate and average labour productivity.

fits all of these.

fits all of these except for consumption.

does not fit any of these.