Oranges were on sale for $0.45 per pound. Leo bought 12.6 pounds. Which expression shows how to determine the total cost of the
2 answers:
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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%.