Question: Economic 9. Is the following statement true, false, or uncertain? The Taylor principle implies that output and inflation always move in the same direction in

Economic 9. Is the following statement true, false, or uncertain? "The

Economic

9. Is the following statement true, false, or uncertain? "The Taylor principle implies that output and inflation always move in the same direction in the short-run of our ASAD model." Explain your answer in at most one paragraph

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