The Taylor Rule provides policymakers with a target for

A) the federal funds rate.
B) the discount rate.
C) the inflation rate.
D) the unemployment rate.
E) c and d


A

Economics

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What will be an ideal response?

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In an administrative command economy, a price below equilibrium

a. means we can buy cheap goods freely b. creates opportunities for corruption c. does not matter at all d. both a and b are correct e. none of the above

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Alan Greenspan argued that a low, stable inflation rate was the best way to achieve

A. low unemployment. B. low interest rates. C. low, stable oil prices. D. strong economic growth.

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