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jugganuts jugganuts
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A year ago
If the federal funds rate is set by the Taylor rule and the inflation rate increases by 3 percentage points, everything else remaining unchanged, the federal funds rate for a given inflation target should ________.

▸ decrease by 3 percentage points

▸ decrease by 1.5 percentage points

▸ increase by 3 percentage points

▸ increase by 4.5 percentage points
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
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Juke72Juke72
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A year ago
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