Consider the simple policy rule presented by equation 13.1. the current rate of inflation exceeds the target inflation rate by 1%. if latex: \bar{m}m ¯ = 0.25 and the marginal product of capital is 3%, what should the real interest rate be (in percent)?

Joel wants to buy a new tablet computer fram a store having a 20% off sale on all tablets. the tablet he wants has an original cost of $190. he also wants to make sure he has enough money to pay the 5% sales tax. part one joel uses the incorect expression 0.95(190)(0.8) to calculate that the tablet will cost him a total of $144.40. describe his error and write the correct expression part two how much will joel pay for the tablet show your work if you answer this question correctly you will receive a prize of 99 points good luck