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  3. please do it correctly will upvote 4. consider th

please do it correctly will upvote 4. Consider the following version of the Barro-Gordon...

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please do it correctly will upvote

4. Consider the following version of the Barro-Gordon model. Let the Central Bank's (CB) welfare function be W = Y - 012 with >1. The CB maximizes this social welfare function subject to the Phillips curve constraint: Y = Y* +2(TT - T) where 0

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