Answer:
correct option is D raise the fed funds rate by 0.5% if inflation rises 1% above its target of 2%
Explanation:
solution
Taylor Rule is invented in 1992 and it is interest rate forecasting model
As the product of John Taylor Rule is the 3 number
- interest rate
- inflation rate
- GDP rate
and Taylor rule is that when GDP is equal to potential GDP and inflation rate is at its target rate of 2%
and the federal funds target rate should be 4%
so we can say here correct option is D raise the fed funds rate by 0.5% if inflation rises 1% above its target of 2%
Answer:
to limit the freedom of its citizens :)
Explanation:
I was looking for the same question and found it
With mid level education, supposing basic 4 year college you could get a stable job paying 100k or less. You would earn more than minimum wage and depends on the state you live in. With high level education you would make a great deal of money and you would be more valued to employers due to that
