价格粘性
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If the stickiness of price is week, the impact of counter-cycle money demands will be able to stabilize economic growth;
如果价格粘性较弱,反周期的货币需求冲击能够起到稳定经济增长的作用;
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And the evidence on price stickiness may make central bankers on both sides of the Atlantic more confident of keeping inflation low in theory, a hard task if prices rarely fall.
ECONOMIST: Economics focus
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