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How to calculate the nominal interest rate recommended for the country by the Taylor rule? What formula should be used? Year 2007 2006 2005 2004
How to calculate the nominal interest rate recommended for the country by the Taylor rule? What formula should be used?
Year 2007 2006 2005 2004 2003 2002 2001 2000 1999 Inflation Index, Average Consumer Prices 39.051 36.636 33.694 30.967 73.579 76.261 73.965 71.402 63.993 Inflation Rate 2.79% 3.52% 3.37% 3.04% 3.04% 3.10% 3.59% 3.43% 2.24% Output Gap, % of potential GDP 6.047 5.036 3.723 2.764 2.467 2.356 2.711 1.777 0.641 Interest Rates, Discount Rate for Euro Area 4.5Step by Step Solution
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