Interstate 293 Interstate 293 Interstate 293 (abbreviated I-293) is an long loop surrounding Manchester, New Hampshire, USA roughly shaped like two sides of a triangle. Completing the loop in the northeast (the third side of the triangle) is Interstate 93. The southern portion of the loop shares the road with NH 101 and passes near Manchester-Boston Regional Airport and the Mall of New Hampshire. The western portion of the loop shares the road with the Everett Turnpike, but there are no tolls on this portion of the turnpike. Interstate 293 begins at a directional T interchange in the southeast of Manchester, where
Calvo (staggered) contracts output) but also expected future inflation. There are different ways of measuring nominal rigidity in an economy. There will be many firms (or price-setters), some tend to change price frequently, others less so. Even a firm which changes its "normal" price infrequently might make a special offer or sale for a short period before returning to its normal price. Two possible ways of measuring nominal rigidity that have been suggested are: (i) The average age of contracts. One can take all of the firms and ask how long the prices have been set at their current level. With Calvo price