Monetary policy reaction function: Difference between revisions

Content deleted Content added
No edit summary
No edit summary
Line 19:
 
The MPRF is used hand in hand with the [[Phillips Curve]] to determine the effects of [[economic policy]]. This framework illustrates [[equilibrium]] levels of the [[unemployment rate]] and the [[inflation rate]] in a [[sticky-price model]].
 
----
 
--[[User:Ajay Mittal|Ajay]] 01:22, 24 January 2006 (UTC)