Select all the statements below that represents characteristics of the neo-classical macroeconomic model: □A. Potential GDP determining the size of the economy □B. Sticky prices and wages C. Flexible prices and wages □D. Focus on long term macroeconomic conditions □E. Focus on government intervention in the economy

Select all the statements below that represents characteristics of the neo-classical macroeconomic model: □A. Potential GDP determining the size of the economy □B. Sticky prices and wages C. Flexible prices and wages □D. Focus on long term macroeconomic conditions □E. Focus on government intervention in the economy

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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