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When an economy has high inflation: A) the Keynesian model of the economy is most relevant B) wages and price stickiness lessens or disappears C)

When an economy has high inflation:

A) the Keynesian model of the economy is most relevant

B) wages and price stickiness lessens or disappears

C) Wages become more inflexible as workers wait for prices to stabilize

D) change in the money supply take much longer to affect the inflation rate

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