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Identify a key difference between the New Keynesian model and the monetary intertemporal model. Question 4 options: menu costs are nonexistent. money is neutral. the

Identify a key difference between the New Keynesian model and the monetary intertemporal model.

Question

4

options:

menu costs are nonexistent.

money is neutral.

the price level is flexible in the short run.

the price level is sticky in the short run.

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