Which school of thought combines the Keynesian concept of rigid prices with the rational expectations theory?
A) Classical and Neoclassical
B) Keynesian
C) Monetarist
D) New Keynesian
Question & Answer
Which school of thought combines the Keynesian concept of rigid prices with the rational expectations theory?
1 Answer
Verified archiveThe school of thought that combines the Keynesian concept of rigid prices with the rational expectations theory is:
D) New Keynesian