According to taylor's rule, all of the following variables explain the behavior of the federal funds rate . yield curve. b. inflation gap. c. output gap. d. current inflation.

what is the answer?

12

step-by-step explanation:

12 + 5 = 17

12x2=24

24-7=17

the answer is:

the correct option:

b.

to solve the problem, we need to remember how to operate to simplify exponential expressions using the logarithms.

we are given the equation:

then, using placing logarith with base 7 on both sides of the equation, we have:

so, rounding the obtained result to two decimal places (nearest hundreth), we have:

hence, we have that the correct option:

b.

have a nice day!