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    Macroeconomics Study Set 10
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    Exam 14: Monetary Policy and the Federal Reserve System
  5. Question
    Based on the Taylor Rule,in the 1980s,monetary Policy Was
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Based on the Taylor Rule,in the 1980s,monetary Policy Was

Question 76

Question 76

Multiple Choice

Based on the Taylor rule,in the 1980s,monetary policy was


A) too tight.
B) too easy.
C) just about right.
D) too tight in the first half of the decade and too easy in the second half.

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