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Suppose that the economy is thought to be 2% above potential ( that is, output gap is 2%) when potential output grows 4% per year. Suppose also that the Fed is following the Taylor rule, with an inflation rate of 2% over the past year. The federal funds rate is currently 3%. the equilibrium real federal funds rate is 3%, and the weights on the output gap and inflation gap are 0.5 each.
The inflation target is 1%.A: Is the Federal funds rate currently too high or too low? by how much? and how did you come up wth this
B: Suppose that a year has gone by, output is now just 1% above potential, and the inflation rate 1.5% over the year. What Federal funds rate should the Fed now set (assuming that the inflation target does not change)?
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Of 3 options which do you feel is best. I think TQM covers a wide range. It practically encompasses both Lean also Six Sigma however Lean also Six Sigma are more detail oriented. Explicate what do you understand
As CEO, would you try to predict the cycles to maximize the ROI on building new hotels? It takes 2-3 years to build a hotel and another 5-10 to begin earning an ROI.
Determine the corordinates of potetial site for hospital to be built so that distnace of hosptal to furthest town is minimize. State any assumption used
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A town's department of public works is concerned about adverse public reaction to a sewer project that is currently in progress. Because of this, the Commissioner of Public Works
Although ERP (Enterprise Resource Planning) Systems are a great concept. Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired
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Mass Production Corporation produces wheels for Hot Wheels cars. They make thousands of wheels every day using hundreds of equipments, each machine operated by two workers.
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