Real GDP 2018 Q3 = 15667.032 Real potential GDP 2018 Q3 = 15850.86591 PCE 2007 Q3 = 91.653 PCE 2008 Q3 = 95.266 The target rate of inflation = 2% a. Using the data links above, calculate the federal...

Real GDP 2018 Q3 = 15667.032<br>Real potential GDP 2018 Q3 = 15850.86591<br>PCE 2007 Q3 = 91.653<br>PCE 2008 Q3 = 95.266<br>The target rate of inflation = 2%<br>a. Using the data links above, calculate the<br>federal funds rate implied by the original<br>Taylor rule. We assume that the equilibrium<br>(natural) real rate of interest is 2%, just like<br>Taylor did, and we use the same coefficients<br>as Taylor did. (please show all work).<br>

Extracted text: Real GDP 2018 Q3 = 15667.032 Real potential GDP 2018 Q3 = 15850.86591 PCE 2007 Q3 = 91.653 PCE 2008 Q3 = 95.266 The target rate of inflation = 2% a. Using the data links above, calculate the federal funds rate implied by the original Taylor rule. We assume that the equilibrium (natural) real rate of interest is 2%, just like Taylor did, and we use the same coefficients as Taylor did. (please show all work).

Jun 10, 2022

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Real GDP 2018 Q3 = 15667.032 Real potential GDP 2018 Q3 = 15850.86591 PCE 2007 Q3 = 91.653 PCE 2008 Q3 = 95.266 The target rate of inflation = 2% a. Using the data links above, calculate the federal...

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