Assume the monetary policy curve to be r=1.5+0.75 π b. Calculate the real interest rate (r) when inflation rate (π) is 2%, 3%, and 4% c. Draw the […]
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Assume the monetary policy curve to be r=1.5+0.75 π b. Calculate the real interest rate (r) when inflation rate (π) is 2%, 3%, and 4% c. Draw the […]