On april 1, the price of gas at bob’s corner station was $3.80 per gallon. on may 1, the price was $4.30 per gallon. on june 1, it was back down to $3.80 per gallon.. suppose the fed raises the target for the federal funds rate from 2% to 2.5%. this change of percentage points means that the fed raised its target by approximately

0.50%; 25%

Explanation:

Given that,

On April 1,

Price of gas at Bob’s Corner Station = $3.80 per gallon

On May 1,

Price = $4.30 per gallon

On June 1,

Price = $3.80 per gallon

Federal funds rate rises from 2% to 2.5%

Change in Federal funds rate = 2.5% - 2%

                                                 = 0.50%

It raises its target by approximately =

                                                            = 25%

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!