Examlex
If the inflation rate target is 2%,the current inflation rate is 3%,and the output gap is 2%,then according to the Taylor rule,the nominal federal funds rate should be ________ percent.
Neutral Stimulus
A stimulus that initially produces no specific response other than focusing attention before it is associated with an unconditioned stimulus in classical conditioning.
Conditioning
A process of behavior modification by which a subject comes to associate a desired behavior with a previously unrelated stimulus.
Capacity
The maximum amount something can contain or the ability to perform, produce, or hold.
Classical Conditioning
An educational process that happens when a naturally occurring stimulus is linked with a stimulus from the environment.
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