Political Science, asked by kdileep02, 1 year ago

If (A) -------- interest rates when the output gap and the (B) --------- both fall when a central bank applies a taylor rule in the management of its monetary policy

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Answered by handsomereally

0

first. i
second. way

Answered by srivasvasu419

8

Answer: (a) raises (b) difference between the actual inflation and the bank's target inflation rate.

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