Answer:
1.5%
Step-by-step explanation:
According to the Taylor rule, the federal funds rate targeted by the Fed is:
Where AI is the actual inflation (1%), DI is the desired inflation (2%) and PD is the deviation from potential (2%):
The Fed should target a federal funds rate of 1.5%.
= (2*10) + (-3*-4) + 5 (* means multiply)
= 20 + 12 + 5
= 37
Answer:
25%.
Step-by-step explanation:
We are going to do a rule of three:
x= 75%.
Then, the percent decrease was 25%.
The answer #6 is j. 100. He uses the treadmill for 40% so that means 60% of his exercise is not on the treadmill.
40%= 40 mins
60%= 60 mins
total: 100%= 100 mins.
Hope this helps!