How would we modify friedman rule in context of sticky price, Microeconomics

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How would we modify friedman rule in context of sticky price

Problem

How would we modify the Friedman rule in the context of a New Keynesian sticky price model like the one, assuming that monetary policy is the only policy that can be used to close output gaps? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How would we modify friedman rule in context of sticky price

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Microeconomics: How would we modify friedman rule in context of sticky price

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