According to the Taylor rule,how should monetary policy and interest rates change in response to a situation in which actual output exceeds the natural rate of output? In what sense is the Taylor rule consistent with Keynesian stabilization policy? Explain.

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The Answer of According to the Taylor rule,how should monetary policy and interest rates change in response to a situation in which actual output exceeds the natural rate of output? In what sense is the Taylor rule consistent with Keynesian stabilization policy? Explain.

According to the Taylor Rule,how Should Monetary Policy and Interest