D Question 18 According to the Taylor rule, if there is an expansionary gap of 11.8 percent of potential output and inflation is 5.0 percent, what real interest rate will the Fed set? Enter below as a percentage. D Question 19 The aggregate demand curve has on the Y axis and on the X axis: output, inflation unemployment rate, output inflation, output O real interest rate, inflation

D Question 18 According to the Taylor rule, if there is an expansionary gap of 11.8 percent of potential output and inflation is 5.0 percent, what real interest rate will the Fed set? Enter below as a percentage. D Question 19 The aggregate demand curve has on the Y axis and on the X axis: output, inflation unemployment rate, output inflation, output O real interest rate, inflation

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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