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If the combination r = 5% and Y = $100 billion is on the Fed rule line, we know that the combination r = 7% and Y = $100 billion would represent
Equator
An imaginary line drawn around the middle of the Earth, equidistant from both poles, dividing the Earth into the Northern and Southern Hemispheres.
Average
A statistical measure representing the central or typical value in a set of data, calculated by dividing the sum of the values by the number of values.
Student Test Scores
Quantitative measurements of a student's academic performance on standardized tests or examinations.
Median Value
The middle number in a sorted, ascending or descending, list of numbers and can be more descriptively considered the central value of a data set.
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