Keynesian theory is not based on which of the following assumption?
Answers
Answered by
1
New Keynesian Economics comes with two main assumptions. First, that people and companies behave rationally and with rational expectations. Second, New Keynesian Economics assumes a variety of market inefficiencies – including sticky wages and imperfect competition.
Similar questions
Social Sciences,
29 days ago
Physics,
29 days ago
Social Sciences,
29 days ago
Chemistry,
1 month ago
Math,
1 month ago
Biology,
7 months ago
Psychology,
7 months ago