Business, 31.03.2021 01:20 erictallen2005

Suppose that the equilibrium real federal funds rate is 4% and the target rate of inflation is 1%. Use the following information and the Taylor rule to calculate the federal funds rate target: Current inflation rate = 4%
Potential real GDP = $14.72 trillion
Real GDP = $14.81 trillion
The federal funds target rate is%.

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Suppose that the equilibrium real federal funds rate is 4% and the target rate of inflation is 1%. U...

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