PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
PRINCIPLES OF MACROECONOMICS(LOOSELEAF)
7th Edition
ISBN: 9781260110920
Author: Frank
Publisher: MCG
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Chapter 15, Problem 2P

For the economy in Problem 1, suppose that potential output Y* = 960. From the policy reaction function in the table in Problem 1, what can you infer about the Fed’s objective for the inflation rate in the long term? (LO1)

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