Let's assume that in the Asgardian's model of the economy the natural rate of interest is denoted as ẞ and it varies over time, so now it has to be written as Pt.

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Let's assume that in the Asgardian's model of the economy the natural rate of
interest is denoted as ẞ and it varies over time, so now it has to be written as Pt.
Transcribed Image Text:Let's assume that in the Asgardian's model of the economy the natural rate of interest is denoted as ẞ and it varies over time, so now it has to be written as Pt.
c) Can you see any practical difficulties that the Asgardian central bank might
face if ß varied over time?
Transcribed Image Text:c) Can you see any practical difficulties that the Asgardian central bank might face if ß varied over time?
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