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The Taylor Rule Accurately Predicted the Changes in the Federal

Question 77

Multiple Choice

The Taylor rule accurately predicted the changes in the federal funds target during the period


A) when Alan Greenspan was the chairman of the Federal Reserve Board.
B) when Paul Volcker was the chairman of the Federal Reserve Board.
C) when Arthur Burns was the chairman of the Federal Reserve Board.
D) when William McChesney Martin was the chairman of the Federal Reserve Board.

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