According to the Taylor Rule, if inflation is 8 percent and the GDP gap is 3 percent,

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According to the Taylor Rule, if inflation is 8 percent and the GDP gap is 3 percent, what is the recommendation for the federal funds rate target?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:29 AM

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According to the Taylor Rule, if inflation is 8 percent and the GDP gap is 3 percent,

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