26. Suppose that the FOMC had followed the Taylor rule starting in 2000. a. How would the...

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26. Suppose that the FOMC had followed the Taylor rule starting in 2000.

a. How would the federal funds rate have differed from its actual path?

b. How would real GDP and the inflation rate have been different?

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Parkin Macroeconomics

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Authors: Michael Parkin

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Question Posted: Nov 06, 2024 07:00 AM

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26. Suppose that the FOMC had followed the Taylor rule starting in 2000. a. How would the...

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Parkin Macroeconomics

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