15 of 15 (15 complete) > X End of Chapter 4.11 Using the Taylor rule, calculate the target for the federal funds rate for July 2010 using the following information 3% 2% Equilibrium real federal funds rate Target inflation rate Current inflation rate Output gap 0.9% -8% The target for the federal funds rate for July 2010 is .%. (Enter your response rounded to two decimal places and include a minus sign if necessary.) Enter your answer in the answer box and then click Check Answer. Clear All part remaining PACT MEETING.doc Final Technic Recommendati.docx Zoom.pkg