RDP 9007: Operating Objectives for Monetary Policy
Equation (3)
Total production:
y
t
=
λ
y
t
n
+
(
1
−
λ
)
y
t
x
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeaabeGaaa qaaiaabsfacaqGVbGaaeiDaiaabggacaqGSbGaaeiiaiaabchacaqG YbGaae4BaiaabsgacaqG1bGaae4yaiaabshacaqGPbGaae4Baiaab6 gacaqG6aaabaGaaeyEamaaBaaaleaacaqG0baabeaakiabg2da9iab eU7aSjaabMhadaqhaaWcbaGaaeiDaaqaaiaab6gaaaGccqGHRaWkca GGOaGaaGymaiabgkHiTiabeU7aSjaacMcacaqG5bWaa0baaSqaaiaa bshaaeaacaqG4baaaaaaaaa@560A@