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Macroeconomics 11th Edition by Michael Parkin
النسخة 11الرقم المعياري الدولي: 9780133423884Macroeconomics 11th Edition by Michael Parkin
النسخة 11الرقم المعياري الدولي: 9780133423884 تمرين 48
Suppose that the FOMC had followed the Taylor rule starting in 2000.
a. How would the federal funds rate have differed from its actual path?
b. How would real GDP and the inflation rate have been different
a. How would the federal funds rate have differed from its actual path?
b. How would real GDP and the inflation rate have been different
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(a) The Taylor rule implies that the Fed...
Macroeconomics 11th Edition by Michael Parkin
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