« previous next »

Author Question: What is the Taylor rule and how does it work? What will be an ideal ... (Read 24 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
on: Jun 29, 2018
What is the Taylor rule and how does it work?
 
  What will be an ideal response?

Question 2

Honda will sell its vehicles to anyone who wants to and can buy one. Honda is using a ________ allocation method.
 
  A) first-come, first-served
  B) market price
  C) contest
  D) majority rule
  E) command
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


lou

  • Sr. Member
  • ****
  • Posts: 286
Reply #1 on: Jun 29, 2018
Answer to Question 1

The Taylor rule is an instrument rule. The Taylor rule is a proposed formula for setting the federal funds rate. Taylor proposes that if his formula is followed inflation will stay close to 2 percent a year and real GDP will remain closer to potential GDP, thereby improving macroeconomic performance. The formula is based on the core inflation rate and the output ga

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology. Where Professional Psychologists Work Primary employment settings for PhD recipients in psychology.
To cleanse an open wound, begin close to the wound and work outward in full or half circles. To cleanse an open wound, begin close to the wound and work outward in full or half circles.
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Time spent on, paid work and housework, by living arrangements of Canadian Time spent on, paid work and housework, by living arrangements of Canadian
Arguments take place when partners are home from work Arguments take place when partners are home from work
A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ... A very light ideal spring stretches by when it is used to hang a 135-N object. What is the ...
Video: Monohybrid crosses

For a complete list of videos, visit our video library