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Business, 10.03.2020 07:42 jehwn

Using Taylor's rule, when the equilibrium real federal funds rate is 2 percent, there is no output gap, the actual inflation rate is zero, and the target inflation rate is 2 percent, the nominal federal funds rate should be Question 3 options: A) 0 percent. B) 1 percent. C) 2 percent. D) 3 percent.

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Using Taylor's rule, when the equilibrium real federal funds rate is 2 percent, there is no output g...
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