Calculate the federal funds rate target using the Taylor Rule. equilibrium real fed funds rate: 2 %
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Question:
Calculate the "federal funds rate target" using the Taylor Rule.
equilibrium real fed funds rate:
observed inflation:
target inflation:
observed GDP:
The natural rate of GDP:
Related Book For
Economics of Money Banking and Financial Markets
ISBN: 978-0134733821
12th edition
Authors: Frederic S. Mishkin
Posted Date: