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we are going to address whether the Fed and Alan Greenspan kept interest rates too low for too long following the 2001 recession according to two...
Address whether the Fed and Alan Greenspan kept interest rates too low for too long following the 2001 recession according to two rules: The original Taylor Rule and the Mankiw Rule
Data Table and additional sub problems in the attached.
Use the table below to answer the following questions.
FF - the federal funds rate
PCE INF = PCE inflation
PCE CORE = the core rate of PCE inflation
GDP = real GDP
GDP POT = potential (real) GDP
UR = the unemployment rate