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sticky price
stick·y price (plural stick·y pric·es)


noun 
Definition:
 
monetary model of unresponsive prices: a monetary model according to which prices are slow to adjust toward a new economic equilibrium, resulting in interest rate changes
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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