62) The Taylor rule shows combinations of (A) ____ and (B) ____ which characterize (C) _____ of the central bank.
Answer is:
(A) real GDP; (B) interest rates; (C) the monetary policy
Related Macro Economics MCQ (GK Set-1) with Answers
Answer is:
the classical dichotomy
Answer is:
output adjusts to demand
Answer is:
a constant interest rate policy rule; (B) a rule for the money supply to grow at the underlying trend growth rate of output
Answer is: