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Given the Following Formula for the Taylor Rule: ?Target Federal

question 52

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 Given the following formula for the Taylor rule: ?Target federal funds rate = natural rate of interest + current inflation + ½(inflation gap) +½(output gap) ?If the inflation rate in the economy were to fall by 2% below the target inflation rate, the target federal funds rate would: ?


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A naturally occurring solid aggregate of minerals or mineraloid matter.

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