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Title: Suppose the inflation rate target is zero and the long-run federal funds target is also zero. If the ...
Post by: Hareplity on Nov 27, 2022
Suppose the inflation rate target is zero and the long-run federal funds target is also zero. If the federal funds rate set using the Taylor rule is 1.5 percent and inflation rate is 3 percent, the output gap is ________.

▸ 4.5 percent

▸ 1.5 percent

▸ −6 percent

▸ 6 percent


Title: Suppose the inflation rate target is zero and the long-run federal funds target is also zero. If the ...
Post by: ramos1992 on Nov 27, 2022
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