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Assuming the simple Taylor rule for dictating the federal funds rate, when the actual federal funds rate deviates from the suggested rate, it can be explained by:
Kinetic Resistance
Resistance encountered by a body in motion, typically due to frictional forces, material properties, or the medium through which the body moves.
Service Chamber
In the context of vehicle braking systems, a service chamber is part of the air brake system that houses a diaphragm which pushes the rod to apply the brakes when air pressure is supplied.
Slack Adjuster
A device in a braking system used for adjusting the brakes to compensate for wear.
Service Diaphragm
A flexible membrane in a device or pump that moves in response to pressure changes, used in various applications including brakes.
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