Save guides, add subjects and pick up where you left off with your BBC account. Simultaneous equations are often two linear equations that can be plotted on a set of axes. Each linear equation can ...

Save guides, add subjects and pick up where you left off with your BBC account. We need to solve a quadratic equation so we must set it equal to zero and make sure the coefficient of x 2 is positive.

Both interest rates and the NEER are shown to influence crude prices inversely. The results imply that crude oil prices should be included in the policy rule equation of an inflation targeting model.