Business, 27.11.2019 00:31 michelle8978

According to the taylor rule, what is the federal funds target rate under the following conditions?

-equilibrium real federal funds rate equals 4%

-target rate of inflation equals 4%

-current inflation rate equals 3%

real gdp is 1% below potantial real gdp

the federal funds target rate equals _%(rounded answer to two decial places.)

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According to the taylor rule, what is the federal funds target rate under the following conditions?...