题目内容

Assume the current inflation rate is 2.4% and output is at the full-employment level. If the central bank has set nominal interest rates at 5.6%, what is the central bank’s inflation target if it follows the Taylor rule?

A. 0.01
B. 0.02
C. 0.03
D. 0.04

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Assume a central bank announced a zero percent inflation target. If the current inflation rate is 2.4%, and output is at the full-employment level, at what level should the central bank set the nominal interest rate according to the Taylor rule?

A. 0.012
B. 0.018
C. 0.024
D. 0.03
E. 0.036

Assume the central bank announced a 2% inflation target and has set the nominal interest rate at 5.0%. If actual inflation is 2.8%, by how much is output off the full-employment level?

A. -0.012
B. -0.008
C. -0.004
D. 0.004
E. 0.012

According to the Taylor rule, if the central bank announced a zero percent inflation target but the current inflation rate is 2% and output is 2% below the full-employment level, at what level should the central bank set the nominal interest rate?

A. 0.01
B. 0.02
C. 0.03
D. 0.04
E. 0.05

According to the Taylor rule, if the central bank announced a zero percent inflation target but the current inflation rate is 2% and output is at the full-employment level, at what level should the central bank set the nominal interest rate?

A. 0.01
B. 0.02
C. 0.03
D. 0.04
E. 0.05