He argues they are familiar with the U.S. economy, where foreign trade makes up a small proportion of economic output and where there are what he calls' long-lasting nominal rigidities'.

他辩称，他们熟悉美国经济，而美国的经济中外贸只占经济产值的一小部分，而且还有他所说的“为时已久的名义刚性(nominal rigidities)”。

youdao

He argues they are familiar with the U. S. economy, where foreign trade makes up a small proportion of economic output and where there are what he calls' long-lasting nominal rigidities'.

他辩称，他们熟悉美国经济，而美国的经济中外贸只占经济产值的一小部分，而且还有他所说的“为时已久的名义刚性(nominal rigidities)”。

youdao

This suggests that concerns about nominal wage rigidities can be overdone.

ECONOMIST: Central banks disagree on the rate of inflation to aim for