Answer: 0.125
Explanation:
The information given in the question can be depicted below as:
z(50%) = (50% - 26%) / 12% = 2
z (50/100) = (50/100 - 26/100)/12/100 = 2
z(0.5) = (0.5 - 0.26) / 0.12 = 2
z(0.5) = (0.24)/0.12 = 2
P(p > 0.5) = P(z > 2)
Based on the analysis done, we can note that 75% of the data will be found in 2 std of mean and this will bring about (25%/2) = 12.5% in each tail and we will then use Chebyshev's emperical rule which will give:
= (1.00 - 0.75)/2
= 0.25 / 2
= 0.125
Answer: Monetary policy should focus on price stability.
Explanation:
The statements regarding fiscal policy that is true according to the macroeconomic consensus in the United States is that monetary policy should focus on price stability.
The statements that Congress, not the Federal Reserve, should be in charge of monetary policy and that Expansionary monetary policies should be used to keep unemployment below its natural rate are both wrong.
In the product markets of the circular flow model, households provide <u>Consumption Spending (or Revenues) </u>to the business sector in exchange for goods and services.
Consumer spending is the total amount of the money spent by people and families in an economy on finished goods and services for their own use and enjoyment. All private purchases of durable, nondurable, and service products are included in modern measurements of consumer spending.
To help estimate and plan investment and policy decisions, investors, corporations, and regulators regularly monitor published statistics and reports on consumer spending.
To know more about consumer spending, click here:-
brainly.com/question/14809763
#SPJ4
Put them over your knee and spank them
or just get the chancla
one could be food im not really
