Uing rudebusch version of taylor rule from internet

Reference no: EM13455962

Using the Rudebusch version of the Taylor rule from the internet activity, compute the value of the Federal Reserve's target for the federal funds rate should be if

1. inflation rate = 4% and unemployment rate = 5%

2. inflation rate = 1% and unemployment rate = 9%

Reference no: EM13455962

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