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Is the taylor rule a tool of active policy or passive policy

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Reference no: EM131901399

What is the Taylor Rule?

Is the Taylor Rule a tool of active policy or passive policy?

Have Janet Yellen and the FOMC followed the Taylor Rule recently?

Have Janet Yellen and the FOMC implemented active policy or passive policy?

Please reference and use real world examples (statistics/articles)

Reference no: EM131901399

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