The nominal interest rate is 12. illustrate what policies, Ask an Expert

Economics

Monetary policy suggestion from the inflation rate, unemployment rate and interest rate.

You are the new Fed chairman. The current inflation rate is 15%. The current unemployment rate is 9%. The nominal interest rate is 12%. Illustrate what policies do you undertake? What is your justification for your choice?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M922144

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