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Tidy Tidy
wrote...
Posts: 4852
9 years ago
Using the Taylor rule, if the current inflation rate equals the target inflation rate and real GDP is greater than potential GDP, then the federal funds target rate ________ the sum of the current inflation rate plus the real equilibrium federal funds rate.
A) will be greater than
B) will be less than
C) will be the same as
D) may be greater than or less than
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 282 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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Posts: 3807
9 years ago
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