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单词 New Keynesian Economics
释义

New Keynesian Economics

Definition
A more modern way of determining how fast wages and prices adjust. This theory states that wages and prices are sticky. This essentially means that these items are able to more quickly adjust to fluctuations in the economy. This theory also helps in explain other factors related to the overall economy such as the impact of federal monetary policies and involuntary unemployment.
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更新时间:2025/5/29 15:43:46