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)?

5=812a+9+3

step 1: simplify both sides of the equation.

5=812a+9+3

5=(812a)+(9+3)(combine like terms)

5=812a+12

5=812a+12

step 2: flip the equation.

812a+12=5

step 3: subtract 12 from both sides.

812a+12−12=5−12

812a=−7

step 4: divide both sides by 812.

812a /812 = -7/812

a= -1/116

so the answer is

a=   -1/116

i think the answer would be c

they charge the same amount at 20 minutes.

step-by-step explanation:

step-by-step explanation:

where is the question is there is a formula or is there not one