7)According to the Taylor rule, if inflation has risen by 4 percentage points above its target of 2 percent, the Fed should Group of answer choices grow the money supply at a rate of 6 percent per...

7)According to the Taylor rule, if inflation has risen by 4 percentage points above its target of 2 percent, the Fed should

Group of answer choices

grow the money supply at a rate of 6 percent per year.