The McCallum rule targets the _ and the Taylor rule targets the _ .
A) monetary base; federal funds rate
B) federal funds rate; monetary base
C) monetary base; monetary base
D) federal funds rate; federal funds rate
Correct Answer:
Verified
Q193: Q194: Suppose that initially real GDP equals potential Q195: The McCallum rule is an example of Q196: One problem with the ripple effect from Q197: The k- percent rule, an example of Q199: In the short run, the Fed's actions Q200: Suppose that initially real GDP equals potential Q201: Milton Friedman's k- percent money targeting rule Q202: Nobel Laureate Milton Friedman proposed to deliver Q203: In November 2008, the Reserve Bank of
A)
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