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The Taylor Rule puts _________ as much weight on closing the unemployment gap as it does...

The Taylor Rule puts _________ as much weight on closing the unemployment gap as it does on closing the inflation gap.

half

just

ten times

twice

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Answer #1

The correct option is (d).

Twice.

As we know that, Taylor Rule is used in economics. The Taylor Rule puts twice as much weight on closing the unemployment gap as it does on closing the inflation gap. Tylor rule is used to predict or guide how central banks should change or alter interest rates due to changes in the economy.

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