The measure for the actual rate of inflation used in the Taylor rule is the:
A. producer price index.
B. consumer price index.
C. GDP deflator.
D. personal consumption expenditure index.
Answer: D
Economics
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The two types of taxes that are most important to state and local governments as sources of revenue are
a. individual income taxes and corporate income taxes. b. sales taxes and individual income taxes. c. sales taxes and property taxes. d. social insurance taxes and property taxes.
Economics
Use the equation of exchange to explain the impact of an increase in the money supply if velocity and output are stable.
What will be an ideal response?
Economics