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3a. Discuss the economic issues that many economists, including past Fed chairmen Alan Greenspan and Ben Bemanke, believe make it undesirable to include asset prices

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3a. Discuss the economic issues that many economists, including past Fed chairmen Alan Greenspan and Ben Bemanke, believe make it undesirable to include asset prices (such as the price of housing or stocks) in the monetary policy rule in addition to the variables already included. (10 points) 3b. What happens to the aggregate demand curve if the Fed raises the nominal or market interest rate less than point-for-point with the ination rate? (5 points)

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