What are the similarities and differences between the new Keynesian model and the new classical and real

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What are the similarities and differences between the new Keynesian model and the new classical and real business cycle models?

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Macroeconomics

ISBN: 978-0138014919

12th edition

Authors: Robert J Gordon

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Question Posted: Dec 09, 2015 03:26 AM

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What are the similarities and differences between the new Keynesian model and the new classical and real

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The chief similarities among the three models are their assumptions that economic agents behave rati...View the full answer

Macroeconomics

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