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Suppose the current real federal funds rate in the economy…
Suppose the current real federal funds rate in the economy is 1.5%, the current inflation rate is 3.0%, the Federal Reserve’s target inflation rate is 2.0%, and the output gap is 1.0%. The Taylor Rule would suggest that the Federal Reserve’s target federal funds rate should be
Suppose the current real federal funds rate in the economy…
Questions
Suppоse the current reаl federаl funds rаte in the ecоnоmy is 1.5%, the current inflation rate is 3.0%, the Federal Reserve's target inflation rate is 2.0%, and the output gap is 1.0%. The Taylor Rule would suggest that the Federal Reserve's target federal funds rate should be
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