=+Assume that the weights on both the inflation and output gaps are , the equilibrium real fed
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=+Assume that the weights on both the inflation and output gaps are ½, the equilibrium real fed funds rate is 4%, the inflation rate target is 3%, and the output gap is 2%.
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Related Book For
The Economics Of Money Banking And Financial Markets
ISBN: 9781292094182
11th Global Edition
Authors: Frederic S. Mishkin
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