6. What are intermediate targets? How do they differ from monetary policy goals? Describe how the Fed

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6. What are intermediate targets? How do they differ from monetary policy goals? Describe how the Fed can target the real interest rate and how the LR curve can replace the LM curve in the 15-LM diagram.

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Macroeconomics Value Edition

ISBN: 978-0136114895

7th Edition

Authors: Andrew B. Abel ,Ben Bernanke ,Dean Croushore

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