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What Is the Taylor Rule? How Effective a Tool Is

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What is the Taylor rule? How effective a tool is it?


Definitions:

Minimize

To reduce something to the smallest possible amount or degree.

Projected Income

A forecast of the amount of money a person or organization will earn over a specific period in the future.

Sex Type

A limiting boundary within one’s zone of acceptable alternatives; it emerges as an influence in Stage 2, where children become aware of the sex-appropriateness of different occupations.

Prestige Level

A measure of the societal respect, recognition, and admiration that is associated with a particular occupation or position.

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