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%
Supreme Court Justices are nominated by the president and confirmed by the Senate. Once they are approved, they have lifetime terms.
I agree, and believe anyone would agree, with the quote. Getting a Supreme Court Justice nominated and approved, who shares your political views, means that you will have a very powerful person in the Judicial Branch exercising power for potentially several decades. Supreme Court Justices, especially through the power of judicial review, can exercise great power over the government without having to worry about reelection and with no end to their term. This means that the president, by extension, enjoys great influence over government through his nomination of these justices.
The French and Dutch exploration were explorers who went into the "new world" and made colonies for their countries back home.
Answer:
functional fixedness
Explanation:
functional fixedness is originated from gestalt psychology. It is explains the cognitive bias that makes one assume that a particular device is only used or applied in a particular way and therefote can't be used inbany other way or for any other thing. This is demonstrated here where Ben overcomes this bias by using a dime to tighten the screw instead of a screwdriver
