The federal reserve wants to change the nominal interest rate from 4% to 6%. what action must the federal reserve take?

The Fed needs to decrease the quantity of money by $0.4 trillion.

Explanation:

The Fed needs to decrease the quantity of money by $0.4 trillion. By decreasing the quantity of money, the loss of money supplied will cause the interest rate to rise because the money supply curve will shift to the left, raising the nominal interest rate.

x = 7

step-by-step explanation:

equating the expression for area to the given area

2x² - 7x - 4 = 45 ( subtract 45 from both sides )

2x² - 7x - 49 = 0 ← in standard form

to factor consider the factors of the product of the coefficient of the x² term and the constant term which sum to give the coefficient of the x- term

product = 2 × - 49 = - 98 and sum = - 7

the factors are - 14 and + 7

use these factors to split the middle term

2x² - 14x + 7x - 49 = 0 ( factor the first/second and third/fourth terms )

2x(x - 7) + 7(x - 7) = 0 ← factor out (x - 7)

(x - 7)(2x + 7) = 0

equate each factor to zero and solve for x

x - 7 = 0 ⇒ x = 7

2x + 7 = 0 ⇒ 2x = - 7 ⇒ x = -

thus the positive value for x is x = 7

yes                                            

explanation:

just cause