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%.
Answer:
Step-by-step explanation:
5x + 9y = -11
3x + 9y = -3
5x + 9y = -11
-3x - 9y = 3
2x = -8
x = -4
-12 + 9y = -3
9y = 9
y = 1
(-4, 1)
Answer is C
20 x 18 x 5= 1,800
20 times 18 equals 360, then you mutiply 5 and get 1,800
Answer:
both loans and credit have to be paid back by the borrower
Step-by-step explanation: