Worker-misperception model
Revision as of 19:43, 2 July 2020 by Kainat9 (talk | contribs) (Created page with "Worker-misperception model is the model of aggregate supply emphasizing that workers sometimes perceive incorrectly the overall level of prices. ==Definition== According...")
Worker-misperception model is the model of aggregate supply emphasizing that workers sometimes perceive incorrectly the overall level of prices.
Definition
According to Macroeconomics by Mankiw (7th edition),
- Worker-misperception model. The model of aggregate supply emphasizing that workers sometimes perceive incorrectly the overall level of prices.