If the Inflation Rate Target Is 2%,the Current Inflation Rate

question 51

Multiple Choice

If the inflation rate target is 2%,the current inflation rate is 1%,and the output gap is minus 2%,then according to the Taylor rule,the nominal federal funds rate should be ________ percent.

• A)zero
• B)two
• C)four
• D)three
• E)none of the above

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Definitions:

State Change

A transition in the condition or mode of a system or component, such as from off to on, or from idle to active.

Tag Name

An identifier used in programming and automation for variable names, signals, or data points for easy reference.

Counter Accum

It usually refers to a register in PLC programming that accumulates counts, often used to track occurrences of specific events or operations over time.

RES Instruction

A command in programming languages that resets a specific variable, counter, or bit to its default state.