Business, 06.12.2019 03:31 ROYALDRAGONX

Suppose that the fed had followed the taylor rule before the financial crisis of 2008. in the first quarter of 2007, the inflation rate was 2.5 percent a year and the output gap was zero. at what level would the fed have set the federal funds rate target?

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Suppose that the fed had followed the taylor rule before the financial crisis of 2008. in the first...