Question: See attachment for question Use the date in the table below to find the money growth rates needed to attain an inflation rate of 2%,

See attachment for question

See attachment for question Use the date in the table below to

Use the date in the table below to find the money growth rates needed to attain an inflation rate of 2%, given normal variability in output growth. Comment on the ability of the policymakers to achieve this objective. Specifically, what do policymakers need to be able to forecast to keep inflation at this rate? %AM %AV %AP %AY -0.06 0.02 0.02 -0.03 0.02 0.04 0.00 0.02 0.03 0.03 0.02 0.01 0.06 0.02 0.05

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