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Business, 22.12.2021 19:00 fdougie111
Suppose that inflation is 2 percent, the federal funds rate is 4 percent, and real GDP falls 2 percent below potential GDP. According to the Taylor rule, in what direction and by how much should the Fed change the real federal funds rate ?
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Suppose that inflation is 2 percent, the federal funds rate is 4 percent, and real GDP falls 2 perce...
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