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rayneapayne rayneapayne
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6 years ago

Using Taylor's rule, when the equilibrium real federal funds rate is 2 percent, there is no output gap, the actual inflation rate is zero, and the target inflation rate is 2 percent, the nominal federal funds rate should be
A) 0 percent.
B) 1 percent.
C) 2 percent.
D) 3 percent.
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6 years ago
Look underneath, there are similar topics that are solved and contain the answers
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