Consider the following simple monetary rules estimated for two different periods: 1969-1985 and 1985-2005, and interpret each rule. During which period does the Fed appear to be most anti-inflation? Explain.

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The Answer of Consider the following simple monetary rules estimated for two different periods: 1969-1985 and 1985-2005, and interpret each rule. During which period does the Fed appear to be most anti-inflation? Explain.

Consider the Following Simple Monetary Rules Estimated for Two Different