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nikdorinn [45]
3 years ago
15

Based on the Taylor Rule use the following information to calculate the target federal funds rate.

Business
1 answer:
Gnesinka [82]3 years ago
4 0

Answer:

8.0 %

Explanation:

inflation gap = 3 - 2 = 1

=3 + 2 + (.5 x 1) + (.5 x 5)

= 8.0

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