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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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Answers: 3
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According to the taylor rule, what is the federal funds target rate under the following conditions?...
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