In the simple monetary policy rule, a large
means that the central bank is aggressively fighting inflation.

Name: In the simple monetary policy rule, a large means that the central bank is aggressively fighting inflation.
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Question

In the simple monetary policy rule, a large  
means that the central bank is aggressively fighting inflation.

Quizplus · Accepted Answer

A large coefficient on the interest rate in a simple monetary policy rule indicates that the central bank is willing to raise interest rates aggressively in order to combat inflationary pressures in the economy.

In the Simple Monetary Policy Rule, a Large