Order the answer to: What is meant by the terms nominal and real rigidities?

Assignment Help business economics Order the answer to: What is meant by the terms nominal and real rigidities?

business economics

Order the answer to: What is meant by the terms nominal and real rigidities?

Question What is meant by the terms nominal and real rigidities? If nominal rigidities could be completely removed from the U.S. economy, would that solve the problem of output and employment fluctuations during business cycles?
Subject business economics
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