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12 February, 21:26

According to the Taylor rule, the lower the inflation rate, other things equal, the

a)

lower the federal funds target rate.

b)

higher the federal funds target rate.

c)

higher the unemployment rate.

d)

lower the discount rate.

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Answers (1)
  1. 12 February, 21:43
    0
    D) lower discount rate
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