<span>National emergencies, advances in technology, and demand doe services have increased congress's acceptance of liberal constructionists. </span>
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%
Answer:
State issues did lead to debate over structure of the legislature.
Explanation:
One of the main issues State was facing was trade. Each state had different currency so trade was getting very difficult. So, there was a debate on whether there should be a strong central government with all states having same currency.
So, including the above, to address other state issues there was creation of bicameral legislature. It has two houses: upper house, called Senate (each state will have two seats) and a lower house, called House of Representatives (this was based on state population).
Main power was given to the central government.
Narrow in scope, because it was written almost exclusively by white European males.
