Gas costs $6 per gallon and diesel costs $8 per gallon. You have at most $85 to spend on fuel. You must purchase at least 12 gal
1 answer:
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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%.