Using the Taylor rule, calculate the target for the federal funds rate for July 2010 using...
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Using the Taylor rule, calculate the target for the federal funds rate for July 2010 using the following information: Equilibrium real federal funds rate 2% Target inflation rate 2% 0.8% -5% Current inflation rate Output gap The target for the federal funds rate for July 2010 is include a minus sign if necessary.) %. (Enter your response rounded to two decimal places and Using the Taylor rule, calculate the target for the federal funds rate for July 2010 using the following information: Equilibrium real federal funds rate 2% Target inflation rate 2% 0.8% -5% Current inflation rate Output gap The target for the federal funds rate for July 2010 is include a minus sign if necessary.) %. (Enter your response rounded to two decimal places and
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