Multiple Choice
If the current rate of inflation is 1 percent,using the values suggested by Professor Taylor,
,the Taylor rule predicts a federal funds rate of:
A) 0 percent.
B) 1.5 percent.
C) 1 percent.
D) 0.5 percent.
E) 3.5 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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