Business, 26.11.2019 21:31, RayshawnBoulware

Suppose that inflation is 2 percent, the federal funds rate is 4 percent, and real gdp is 2 percent below potential gdp. according to the taylor rule, in what direction and by how much should the fed change the real federal funds rate?

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Suppose that inflation is 2 percent, the federal funds rate is 4 percent, and real gdp is 2 percent...