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The Taylor rule for federal funds rate targeting does which of these things? ANSWER Unselected It sets the target fed funds rate to the sum

The Taylor rule for federal funds rate targeting does which of these things? ANSWER Unselected It sets the target fed funds rate to the sum of the inflation rate and the unemployment rate. Unselected It multiplies the inflation gap by the output gap to obtain a target fed funds rate. Unselected It links the Fed's target for the federal funds rate to economic variables

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