According to the Taylor Rule for monetary policy, should be taken into account when setting the target for the federal funds rate.

The answer is " both the output gap and the inflation are scales".

Explanation:

Taylor rule allows you to forecasts for optimal brief-term, lending rates whenever the actual inflation rate may not meet the projected inflation rate.

concurrent jurisdiction is the ability to exercise judicial review by different courts at the same time, within the same territory, and over the same subject matter. for instance, a domestic violence matter may be heard in either a general civil court or a family court in the same county. whichever court actually exercises its jurisdiction first will do so exclusively.

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