Consider the simple policy rule presented by equation 13.1. the current rate of inflation exceeds the target inflation rate by 1%. if latex: ar{m}m ¯ = 0.25 and the marginal product of capital is 3%, what should the real interest rate be (in percent)?

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Mathematics, 17.12.2019 06:31 gerkera88

Consider the simple policy rule presented by equation 13.1. the current rate of inflation exceeds the target inflation rate by 1%. if latex: \bar{m}m ¯ = 0.25 and the marginal product of capital is 3%, what should the real interest rate be (in percent)?

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