What are the effects of inflexible prices

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Reference no: EM13772992

What demand shock

What is supply shock?

What is sticky price?

What are the effects of inflexible prices?

What are the fundamental questions on demand shock?

Why are the demand shocks so important?

Why government is responsible in resolving economic shocks?

Why firms can’t deal with demand shocks by themselves?

Why demand shock and sticky prices are so important?

What happens of prices is flexible?

Reference no: EM13772992

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