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tifftran tifftran
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A year ago
Suppose the inflation rate target is zero and the long-run federal funds target is also zero. Calculate the federal funds rate if the current inflation rate is 5 percent and real output is 4.5 percent below the trend output level.

▸ 0.25 percent

▸ 5.25 percent

▸ 2.25 percent

▸ 0.5 percent
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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localbabe10localbabe10
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A year ago
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tifftran Author
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A year ago
Smart ... Thanks!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
this is exactly what I needed
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