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M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961 Exercise 8
Looking at the historical record for the Taylor rule, were there any periods when the rule gave bad advice That is, are there periods when the rule would have tightened policy in the face of weak economic growth or periods when the rule would have eased policy even though inflation was rising
Explanation
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Historically it has been argued that in ...
M&B3 3rd Edition by Dean Croushore
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