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Business, 01.12.2021 02:20 alanisalvarez2000

The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is expected to recommend a monetary policy for the board to pursue. She decides to use the Taylor rule, which was originally developed for the U. S. Federal Reserve. Ionia's potential GDP is 100 million drachma, but current GDP is 96 million . What is Ionia's output gap

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The new chairman of the Ionian Central Bank (ICB) is preparing for her first board meeting. She is e...
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