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If the Current Rate of Inflation Is 4 Percent, Using

Question 66

Multiple Choice

If the current rate of inflation is 4 percent, using the values suggested by Professor Taylor, If the current rate of inflation is 4 percent, using the values suggested by Professor Taylor, the Taylor rule predicts a federal funds rate of ________ percent. A) 1 B) 4.5 C) 3 D) 4 E) 0.5 the Taylor rule predicts a federal funds rate of ________ percent.


A) 1
B) 4.5
C) 3
D) 4
E) 0.5

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