If
,
,and
,what would the simple monetary rule dictate the real interest be if
? If
,
? In each case,is the economy in an expansion,recession,or in the long run?

Question

If  
,  
,and  
,what would the simple monetary rule dictate the real interest be if  
? If  
,  
? In each case,is the economy in an expansion,recession,or in the long run?

Quizplus · Accepted Answer

The Answer of If  
,  
,and  
,what would the simple monetary rule dictate the real interest be if  
? If  
,  
? In each case,is the economy in an expansion,recession,or in the long run?

If ,And,What Would the Simple Monetary Rule Dictate the Real Interest