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Title: According to the Taylor rule, for a given inflation rate, ________. Post by: drdoombot on Nov 27, 2022 According to the Taylor rule, for a given inflation rate, ________.
▸ every percentage point increase in the inflation rate increases the federal funds rate by 1.5 percentage points ▸ every percentage point increase in the nominal interest rate increases the federal funds rate by 1 percentage point ▸ if bank reserves double, the federal funds rate should double ▸ if nominal output doubles, the federal funds rate should double Title: According to the Taylor rule, for a given inflation rate, ________. Post by: shanej399 on Nov 27, 2022 Content hidden
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