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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