According to the Taylor rule, if real GDP rises by 1 percent above potential GDP, the Fed should raise:
A. The supply of money by 10 percent
B. The velocity of money by 10 percent
C. The natural rate of unemployment from 4 percent to 5 percent
D. The Federal funds rate, relative to the current inflation rate, by 0.5 percent
D. The Federal funds rate, relative to the current inflation rate, by 0.5 percent
Economics
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With regional specialization, a nation is bound to suffer some mismatch unemployment. For example, in the early 1990s the highest regional unemployment rate was in
A) California. B) the South. C) the Midwest. D) none of the above because the unemployment rate as essentially equal in all regions.
Economics
The gender wage gap in Japan is smaller than in the U.S.; in Scandinavia it is wider
Indicate whether the statement is true or false
Economics