Managing Beliefs about Monetary Policy under Discretion

Elmar Mertens

Figure 1 (1 of 2): Policy Trade-Offs in the Simple Model. Red Curve

Y axis	X axis
0.0182	0.054
0.0409	0.055
0.0549	0.056
0.0659	0.057
0.0754	0.058
0.0837	0.059
0.0913	0.06
0.0983	0.061
0.1049	0.062
0.111	0.063
0.1168	0.064
0.1223	0.065
0.1276	0.066
0.1326	0.067
0.1375	0.068
0.1422	0.069
0.1467	0.07
0.1511	0.071
0.1554	0.072
0.1595	0.073
0.1635	0.074
0.1674	0.075
0.1713	0.076
0.175	0.077
0.1787	0.078
0.1822	0.079
0.1857	0.08
0.1891	0.081
0.1925	0.082
0.1958	0.083
0.199	0.084
0.2022	0.085
0.2054	0.086
0.2084	0.087
0.2115	0.088
0.2144	0.089
0.2174	0.09
0.2202	0.091
0.2231	0.092
0.2259	0.093
0.2287	0.094
0.2314	0.095
0.2341	0.096
0.2367	0.097
0.2394	0.098
0.242	0.099
0.2445	0.1
0.247	0.101
0.2495	0.102
0.252	0.103
0.2544	0.104
0.2569	0.105
0.2592	0.106
0.2616	0.107
0.2639	0.108
0.2662	0.109
0.2685	0.11
0.2708	0.111
0.273	0.112
0.2753	0.113
0.2775	0.114
0.2796	0.115
0.2818	0.116
0.2839	0.117
0.286	0.118
0.2881	0.119
0.2902	0.12
0.2923	0.121
0.2943	0.122
0.2963	0.123
0.2983	0.124
0.3003	0.125
0.3023	0.126
0.3043	0.127
0.3062	0.128
0.3081	0.129
0.31	0.13
0.3119	0.131
0.3138	0.132
0.3157	0.133
0.3175	0.134
0.3194	0.135
0.3212	0.136
0.323	0.137
0.3248	0.138
0.3266	0.139
0.3283	0.14
0.3301	0.141
0.3318	0.142
0.3336	0.143
0.3353	0.144
0.337	0.145
0.3387	0.146
0.3404	0.147
0.342	0.148
0.3437	0.149
0.3454	0.15
0.347	0.151
0.3486	0.152
0.3502	0.153
0.3519	0.154
0.3535	0.155
0.355	0.156
0.3566	0.157
0.3582	0.158
0.3597	0.159
0.3613	0.16
0.3628	0.161
0.3644	0.162
0.3659	0.163
0.3674	0.164
0.3689	0.165
0.3704	0.166
0.3719	0.167
0.3733	0.168
0.3748	0.169
0.3763	0.17
0.3777	0.171
0.3791	0.172
0.3806	0.173
0.382	0.174
0.3834	0.175
0.3848	0.176
0.3862	0.177
0.3876	0.178
0.389	0.179
0.3904	0.18
0.3918	0.181
0.3931	0.182
0.3945	0.183
0.3958	0.184
0.3972	0.185
0.3985	0.186
0.3998	0.187
0.4011	0.188
0.4024	0.189
0.4037	0.19
0.405	0.191
0.4063	0.192
0.4076	0.193
0.4089	0.194
0.4102	0.195
0.4114	0.196
0.4127	0.197
0.4139	0.198
0.4152	0.199
0.4164	0.2
0.4177	0.201
0.4189	0.202
0.4201	0.203
0.4213	0.204
0.4225	0.205
0.4237	0.206
0.4249	0.207
0.4261	0.208
0.4273	0.209
0.4285	0.21
0.4297	0.211
0.4308	0.212
0.432	0.213
0.4331	0.214
0.4343	0.215
0.4354	0.216
0.4366	0.217
0.4377	0.218
0.4388	0.219
0.44	0.22
0.4411	0.221
0.4422	0.222
0.4433	0.223
0.4444	0.224
0.4455	0.225
0.4466	0.226
0.4477	0.227
0.4488	0.228
0.4498	0.229
0.4509	0.23
0.452	0.231
0.453	0.232
0.4541	0.233
0.4552	0.234
0.4562	0.235
0.4572	0.236
0.4583	0.237
0.4593	0.238
0.4604	0.239
0.4614	0.24
0.4624	0.241
0.4634	0.242
0.4644	0.243
0.4654	0.244
0.4664	0.245
0.4674	0.246
0.4684	0.247
0.4694	0.248
0.4704	0.249
0.4714	0.25
0.4724	0.251
0.4733	0.252
0.4743	0.253
0.4753	0.254
0.4762	0.255
0.4772	0.256
0.4781	0.257
0.4791	0.258
0.48	0.259
0.481	0.26
0.4819	0.261
0.4828	0.262
0.4837	0.263
0.4847	0.264
0.4856	0.265
0.4865	0.266
0.4874	0.267
0.4883	0.268
0.4892	0.269
0.4901	0.27
0.491	0.271
0.4919	0.272
0.4928	0.273
0.4937	0.274
0.4946	0.275
0.4954	0.276
0.4963	0.277
0.4972	0.278
0.498	0.279
0.4989	0.28
0.4998	0.281
0.5006	0.282
0.5015	0.283
0.5023	0.284
0.5032	0.285
0.504	0.286
0.5048	0.287
0.5057	0.288
0.5065	0.289
0.5073	0.29
0.5081	0.291
0.509	0.292
0.5098	0.293
0.5106	0.294
0.5114	0.295
0.5122	0.296
0.513	0.297
0.5138	0.298
0.5146	0.299
0.5154	0.3
0.5162	0.301
0.517	0.302
0.5178	0.303
0.5185	0.304
0.5193	0.305
0.5201	0.306
0.5209	0.307
0.5216	0.308
0.5224	0.309
0.5231	0.31
0.5239	0.311
0.5247	0.312
0.5254	0.313
0.5262	0.314
0.5269	0.315
0.5276	0.316
0.5284	0.317
0.5291	0.318
0.5298	0.319
0.5306	0.32
0.5313	0.321
0.532	0.322
0.5327	0.323
0.5335	0.324
0.5342	0.325
0.5349	0.326
0.5356	0.327
0.5363	0.328
0.537	0.329
0.5377	0.33
0.5384	0.331
0.5391	0.332
0.5398	0.333
0.5405	0.334
0.5412	0.335
0.5418	0.336
0.5425	0.337
0.5432	0.338
0.5439	0.339
0.5445	0.34
0.5452	0.341
0.5459	0.342
0.5465	0.343
0.5472	0.344
0.5479	0.345
0.5485	0.346
0.5492	0.347
0.5498	0.348
0.5505	0.349
0.5511	0.35
0.5517	0.351
0.5524	0.352
0.553	0.353
0.5537	0.354
0.5543	0.355
0.5549	0.356
0.5555	0.357
0.5562	0.358
0.5568	0.359
0.5574	0.36
0.558	0.361
0.5586	0.362
0.5592	0.363
0.5598	0.364
0.5604	0.365
0.561	0.366
0.5616	0.367
0.5622	0.368
0.5628	0.369
0.5634	0.37
0.564	0.371
0.5646	0.372
0.5652	0.373
0.5658	0.374
0.5664	0.375
0.5669	0.376
0.5675	0.377
0.5681	0.378
0.5686	0.379
0.5692	0.38
0.5698	0.381
0.5703	0.382
0.5709	0.383
0.5715	0.384
0.572	0.385
0.5726	0.386
0.5731	0.387
0.5737	0.388
0.5742	0.389
0.5747	0.39
0.5753	0.391
0.5758	0.392
0.5764	0.393
0.5769	0.394
0.5774	0.395
0.578	0.396
0.5785	0.397
0.579	0.398
0.5795	0.399
0.58	0.4
0.5806	0.401
0.5811	0.402
0.5816	0.403
0.5821	0.404
0.5826	0.405
0.5831	0.406
0.5836	0.407
0.5841	0.408
0.5846	0.409
0.5851	0.41
0.5856	0.411
0.5861	0.412
0.5866	0.413
0.5871	0.414
0.5876	0.415
0.588	0.416
0.5885	0.417
0.589	0.418
0.5895	0.419
0.59	0.42
0.5904	0.421
0.5909	0.422
0.5914	0.423
0.5918	0.424
0.5923	0.425
0.5928	0.426
0.5932	0.427
0.5937	0.428
0.5941	0.429
0.5946	0.43
0.595	0.431
0.5955	0.432
0.5959	0.433
0.5964	0.434
0.5968	0.435
0.5972	0.436
0.5977	0.437
0.5981	0.438
0.5986	0.439
0.599	0.44
0.5994	0.441
0.5998	0.442
0.6003	0.443
0.6007	0.444
0.6011	0.445
0.6015	0.446
0.6019	0.447
0.6024	0.448
0.6028	0.449
0.6032	0.45
0.6036	0.451
0.604	0.452
0.6044	0.453
0.6048	0.454
0.6052	0.455
0.6056	0.456
0.606	0.457
0.6064	0.458
0.6068	0.459
0.6072	0.46
0.6076	0.461
0.608	0.462
0.6083	0.463
0.6087	0.464
0.6091	0.465
0.6095	0.466
0.6099	0.467
0.6102	0.468
0.6106	0.469
0.611	0.47
0.6113	0.471
0.6117	0.472
0.6121	0.473
0.6124	0.474
0.6128	0.475
0.6132	0.476
0.6135	0.477
0.6139	0.478
0.6142	0.479
0.6146	0.48
0.6149	0.481
0.6153	0.482
0.6156	0.483
0.616	0.484
0.6163	0.485
0.6166	0.486
0.617	0.487
0.6173	0.488
0.6176	0.489
0.618	0.49
0.6183	0.491
0.6186	0.492
0.619	0.493
0.6193	0.494
0.6196	0.495
0.6199	0.496
0.6202	0.497
0.6206	0.498
0.6209	0.499
0.6212	0.5
0.6215	0.501
0.6218	0.502
0.6221	0.503
0.6224	0.504
0.6227	0.505
0.623	0.506
0.6233	0.507
0.6236	0.508
0.6239	0.509
0.6242	0.51
0.6245	0.511
0.6248	0.512
0.6251	0.513
0.6254	0.514
0.6256	0.515
0.6259	0.516
0.6262	0.517
0.6265	0.518
0.6268	0.519
0.627	0.52
0.6273	0.521
0.6276	0.522
0.6279	0.523
0.6281	0.524
0.6284	0.525
0.6287	0.526
0.6289	0.527
0.6292	0.528
0.6294	0.529
0.6297	0.53
0.63	0.531
0.6302	0.532
0.6305	0.533
0.6307	0.534
0.631	0.535
0.6312	0.536
0.6314	0.537
0.6317	0.538
0.6319	0.539
0.6322	0.54
0.6324	0.541
0.6326	0.542
0.6329	0.543
0.6331	0.544
0.6333	0.545
0.6336	0.546
0.6338	0.547
0.634	0.548
0.6342	0.549
0.6345	0.55
0.6347	0.551
0.6349	0.552
0.6351	0.553
0.6353	0.554
0.6355	0.555
0.6358	0.556
0.636	0.557
0.6362	0.558
0.6364	0.559
0.6366	0.56
0.6368	0.561
0.637	0.562
0.6372	0.563
0.6374	0.564
0.6376	0.565
0.6378	0.566
0.638	0.567
0.6382	0.568
0.6383	0.569
0.6385	0.57
0.6387	0.571
0.6389	0.572
0.6391	0.573
0.6393	0.574
0.6394	0.575
0.6396	0.576
0.6398	0.577
0.64	0.578
0.6401	0.579
0.6403	0.58
0.6405	0.581
0.6406	0.582
0.6408	0.583
0.641	0.584
0.6411	0.585
0.6413	0.586
0.6414	0.587
0.6416	0.588
0.6418	0.589
0.6419	0.59
0.6421	0.591
0.6422	0.592
0.6424	0.593
0.6425	0.594
0.6426	0.595
0.6428	0.596
0.6429	0.597
0.6431	0.598
0.6432	0.599
0.6433	0.6
0.6435	0.601
0.6436	0.602
0.6437	0.603
0.6439	0.604
0.644	0.605
0.6441	0.606
0.6442	0.607
0.6444	0.608
0.6445	0.609
0.6446	0.61
0.6447	0.611
0.6448	0.612
0.6449	0.613
0.6451	0.614
0.6452	0.615
0.6453	0.616
0.6454	0.617
0.6455	0.618
0.6456	0.619
0.6457	0.62
0.6458	0.621
0.6459	0.622
0.646	0.623
0.6461	0.624
0.6462	0.625
0.6463	0.626
0.6464	0.627
0.6464	0.628
0.6465	0.629
0.6466	0.63
0.6467	0.631
0.6468	0.632
0.6469	0.633
0.6469	0.634
0.647	0.635
0.6471	0.636
0.6472	0.637
0.6472	0.638
0.6473	0.639
0.6474	0.64
0.6474	0.641
0.6475	0.642
0.6476	0.643
0.6476	0.644
0.6477	0.645
0.6477	0.646
0.6478	0.647
0.6479	0.648
0.6479	0.649
0.648	0.65
0.648	0.651
0.6481	0.652
0.6481	0.653
0.6482	0.654
0.6482	0.655
0.6482	0.656
0.6483	0.657
0.6483	0.658
0.6484	0.659
0.6484	0.66
0.6484	0.661
0.6485	0.662
0.6485	0.663
0.6485	0.664
0.6485	0.665
0.6486	0.666
0.6486	0.667
0.6486	0.668
0.6486	0.669
0.6487	0.67
0.6487	0.671
0.6487	0.672
0.6487	0.673
0.6487	0.674
0.6487	0.675
0.6487	0.676
0.6487	0.677
0.6487	0.678
0.6487	0.679
0.6488	0.68
0.6488	0.681
0.6487	0.682
0.6487	0.683
0.6487	0.684
0.6487	0.685
0.6487	0.686
0.6487	0.687
0.6487	0.688
0.6487	0.689
0.6487	0.69
0.6487	0.691
0.6486	0.692
0.6486	0.693
0.6486	0.694
0.6486	0.695
0.6486	0.696
0.6485	0.697
0.6485	0.698
0.6485	0.699
0.6484	0.7
0.6484	0.701
0.6484	0.702
0.6483	0.703
0.6483	0.704
0.6483	0.705
0.6482	0.706
0.6482	0.707
0.6481	0.708
0.6481	0.709
0.6481	0.71
0.648	0.711
0.648	0.712
0.6479	0.713
0.6478	0.714
0.6478	0.715
0.6477	0.716
0.6477	0.717
0.6476	0.718
0.6476	0.719
0.6475	0.72
0.6474	0.721
0.6474	0.722
0.6473	0.723
0.6472	0.724
0.6471	0.725
0.6471	0.726
0.647	0.727
0.6469	0.728
0.6468	0.729
0.6468	0.73
0.6467	0.731
0.6466	0.732
0.6465	0.733
0.6464	0.734
0.6463	0.735
0.6462	0.736
0.6461	0.737
0.6461	0.738
0.646	0.739
0.6459	0.74
0.6458	0.741
0.6457	0.742
0.6456	0.743
0.6455	0.744
0.6454	0.745
0.6452	0.746
0.6451	0.747
0.645	0.748
0.6449	0.749
0.6448	0.75
0.6447	0.751
0.6446	0.752
0.6444	0.753
0.6443	0.754
0.6442	0.755
0.6441	0.756
0.644	0.757
0.6438	0.758
0.6437	0.759
0.6436	0.76
0.6434	0.761
0.6433	0.762
0.6432	0.763
0.643	0.764
0.6429	0.765
0.6427	0.766
0.6426	0.767
0.6425	0.768
0.6423	0.769
0.6422	0.77
0.642	0.771
0.6419	0.772
0.6417	0.773
0.6416	0.774
0.6414	0.775
0.6412	0.776
0.6411	0.777
0.6409	0.778
0.6408	0.779
0.6406	0.78
0.6404	0.781
0.6403	0.782
0.6401	0.783
0.6399	0.784
0.6397	0.785
0.6396	0.786
0.6394	0.787
0.6392	0.788
0.639	0.789
0.6389	0.79
0.6387	0.791
0.6385	0.792
0.6383	0.793
0.6381	0.794
0.6379	0.795
0.6377	0.796
0.6375	0.797
0.6373	0.798
0.6371	0.799
0.6369	0.8
0.6367	0.801
0.6365	0.802
0.6363	0.803
0.6361	0.804
0.6359	0.805
0.6357	0.806
0.6355	0.807
0.6353	0.808
0.6351	0.809
0.6348	0.81
0.6346	0.811
0.6344	0.812
0.6342	0.813
0.634	0.814
0.6337	0.815
0.6335	0.816
0.6333	0.817
0.6331	0.818
0.6328	0.819
0.6326	0.82
0.6323	0.821
0.6321	0.822
0.6319	0.823
0.6316	0.824
0.6314	0.825
0.6311	0.826
0.6309	0.827
0.6306	0.828
0.6304	0.829
0.6301	0.83
0.6299	0.831
0.6296	0.832
0.6294	0.833
0.6291	0.834
0.6289	0.835
0.6286	0.836
0.6283	0.837
0.6281	0.838
0.6278	0.839
0.6275	0.84
0.6272	0.841
0.627	0.842
0.6267	0.843
0.6264	0.844
0.6261	0.845
0.6259	0.846
0.6256	0.847
0.6253	0.848
0.625	0.849
0.6247	0.85
0.6244	0.851
0.6241	0.852
0.6238	0.853
0.6235	0.854
0.6232	0.855
0.6229	0.856
0.6226	0.857
0.6223	0.858
0.622	0.859
0.6217	0.86
0.6214	0.861
0.6211	0.862
0.6208	0.863
0.6205	0.864
0.6202	0.865
0.6198	0.866
0.6195	0.867
0.6192	0.868
0.6189	0.869
0.6185	0.87
0.6182	0.871
0.6179	0.872
0.6176	0.873
0.6172	0.874
0.6169	0.875
0.6165	0.876
0.6162	0.877
0.6159	0.878
0.6155	0.879
0.6152	0.88
0.6148	0.881
0.6145	0.882
0.6141	0.883
0.6138	0.884
0.6134	0.885
0.6131	0.886
0.6127	0.887
0.6123	0.888
0.612	0.889
0.6116	0.89
0.6112	0.891
0.6109	0.892
0.6105	0.893
0.6101	0.894
0.6098	0.895
0.6094	0.896
0.609	0.897
0.6086	0.898
0.6082	0.899
0.6079	0.9
0.6075	0.901
0.6071	0.902
0.6067	0.903
0.6063	0.904
0.6059	0.905
0.6055	0.906
0.6051	0.907
0.6047	0.908
0.6043	0.909
0.6039	0.91
0.6035	0.911
0.6031	0.912
0.6027	0.913
0.6023	0.914
0.6018	0.915
0.6014	0.916
0.601	0.917
0.6006	0.918
0.6002	0.919
0.5997	0.92
0.5993	0.921
0.5989	0.922
0.5984	0.923
0.598	0.924
0.5976	0.925
0.5971	0.926
0.5967	0.927
0.5963	0.928
0.5958	0.929
0.5954	0.93
0.5949	0.931
0.5945	0.932
0.594	0.933
0.5936	0.934
0.5931	0.935
0.5926	0.936
0.5922	0.937
0.5917	0.938
0.5912	0.939
0.5908	0.94
0.5903	0.941
0.5898	0.942
0.5894	0.943
0.5889	0.944
0.5884	0.945
0.5879	0.946
0.5874	0.947
0.587	0.948
0.5865	0.949
0.586	0.95
0.5855	0.951
0.585	0.952
0.5845	0.953
0.584	0.954
0.5835	0.955
0.583	0.956
0.5825	0.957
0.582	0.958
0.5815	0.959
0.5809	0.96
0.5804	0.961
0.5799	0.962
0.5794	0.963
0.5789	0.964
0.5783	0.965
0.5778	0.966
0.5773	0.967
0.5768	0.968
0.5762	0.969
0.5757	0.97
0.5751	0.971
0.5746	0.972
0.5741	0.973
0.5735	0.974
0.573	0.975
0.5724	0.976
0.5719	0.977
0.5713	0.978
0.5708	0.979
0.5702	0.98
0.5696	0.981
0.5691	0.982
0.5685	0.983
0.5679	0.984
0.5674	0.985
0.5668	0.986
0.5662	0.987
0.5656	0.988
0.565	0.989
0.5645	0.99
0.5639	0.991
0.5633	0.992
0.5627	0.993
0.5621	0.994
0.5615	0.995
0.5609	0.996
0.5603	0.997
0.5597	0.998
0.5591	0.999
0.5585	1
0.5579	1.001
0.5572	1.002
0.5566	1.003
0.556	1.004
0.5554	1.005
0.5548	1.006
0.5541	1.007
0.5535	1.008
0.5529	1.009
0.5522	1.01
0.5516	1.011
0.5509	1.012
0.5503	1.013
0.5497	1.014
0.549	1.015
0.5483	1.016
0.5477	1.017
0.547	1.018
0.5464	1.019
0.5457	1.02
0.545	1.021
0.5444	1.022
0.5437	1.023
0.543	1.024
0.5423	1.025
0.5417	1.026
0.541	1.027
0.5403	1.028
0.5396	1.029
0.5389	1.03
0.5382	1.031
0.5375	1.032
0.5368	1.033
0.5361	1.034
0.5354	1.035
0.5347	1.036
0.534	1.037
0.5333	1.038
0.5326	1.039
0.5318	1.04
0.5311	1.041
0.5304	1.042
0.5297	1.043
0.5289	1.044
0.5282	1.045
0.5274	1.046
0.5267	1.047
0.526	1.048
0.5252	1.049
0.5245	1.05
0.5237	1.051
0.5229	1.052
0.5222	1.053
0.5214	1.054
0.5207	1.055
0.5199	1.056
0.5191	1.057
0.5183	1.058
0.5176	1.059
0.5168	1.06
0.516	1.061
0.5152	1.062
0.5144	1.063
0.5136	1.064
0.5128	1.065
0.512	1.066
0.5112	1.067
0.5104	1.068
0.5096	1.069
0.5088	1.07
0.5079	1.071
0.5071	1.072
0.5063	1.073
0.5055	1.074
0.5046	1.075
0.5038	1.076
0.5029	1.077
0.5021	1.078
0.5012	1.079
0.5004	1.08
0.4995	1.081
0.4987	1.082
0.4978	1.083
0.497	1.084
0.4961	1.085
0.4952	1.086
0.4943	1.087
0.4934	1.088
0.4926	1.089
0.4917	1.09
0.4908	1.091
0.4899	1.092
0.489	1.093
0.4881	1.094
0.4872	1.095
0.4863	1.096
0.4853	1.097
0.4844	1.098
0.4835	1.099
0.4826	1.1
0.4816	1.101
0.4807	1.102
0.4798	1.103
0.4788	1.104
0.4779	1.105
0.4769	1.106
0.476	1.107
0.475	1.108
0.474	1.109
0.4731	1.11
0.4721	1.111
0.4711	1.112
0.4701	1.113
0.4692	1.114
0.4682	1.115
0.4672	1.116
0.4662	1.117
0.4652	1.118
0.4642	1.119
0.4632	1.12
0.4621	1.121
0.4611	1.122
0.4601	1.123
0.4591	1.124
0.458	1.125
0.457	1.126
0.4559	1.127
0.4549	1.128
0.4538	1.129
0.4528	1.13
0.4517	1.131
0.4506	1.132
0.4496	1.133
0.4485	1.134
0.4474	1.135
0.4463	1.136
0.4452	1.137
0.4441	1.138
0.443	1.139
0.4419	1.14
0.4408	1.141
0.4397	1.142
0.4386	1.143
0.4374	1.144
0.4363	1.145
0.4351	1.146
0.434	1.147
0.4328	1.148
0.4317	1.149
0.4305	1.15
0.4294	1.151
0.4282	1.152
0.427	1.153
0.4258	1.154
0.4246	1.155
0.4234	1.156
0.4222	1.157
0.421	1.158
0.4198	1.159
0.4186	1.16
0.4173	1.161
0.4161	1.162
0.4149	1.163
0.4136	1.164
0.4124	1.165
0.4111	1.166
0.4098	1.167
0.4086	1.168
0.4073	1.169
0.406	1.17
0.4047	1.171
0.4034	1.172
0.4021	1.173
0.4008	1.174
0.3995	1.175
0.3981	1.176
0.3968	1.177
0.3955	1.178
0.3941	1.179
0.3928	1.18
0.3914	1.181
0.39	1.182
0.3887	1.183
0.3873	1.184
0.3859	1.185
0.3845	1.186
0.3831	1.187
0.3816	1.188
0.3802	1.189
0.3788	1.19
0.3773	1.191
0.3759	1.192
0.3744	1.193
0.373	1.194
0.3715	1.195
0.37	1.196
0.3685	1.197
0.367	1.198
0.3655	1.199
0.364	1.2
0.3624	1.201
0.3609	1.202
0.3593	1.203
0.3578	1.204
0.3562	1.205
0.3546	1.206
0.353	1.207
0.3514	1.208
0.3498	1.209
0.3482	1.21
0.3466	1.211
0.3449	1.212
0.3433	1.213
0.3416	1.214
0.3399	1.215
0.3383	1.216
0.3366	1.217
0.3348	1.218
0.3331	1.219
0.3314	1.22
0.3296	1.221
0.3279	1.222
0.3261	1.223
0.3243	1.224
0.3225	1.225
0.3207	1.226
0.3189	1.227
0.317	1.228
0.3152	1.229
0.3133	1.23
0.3114	1.231
0.3095	1.232
0.3076	1.233
0.3057	1.234
0.3038	1.235
0.3018	1.236
0.2998	1.237
0.2978	1.238
0.2958	1.239
0.2938	1.24
0.2917	1.241
0.2897	1.242
0.2876	1.243
0.2855	1.244
0.2834	1.245
0.2812	1.246
0.2791	1.247
0.2769	1.248
0.2747	1.249
0.2725	1.25
0.2702	1.251
0.268	1.252
0.2657	1.253
0.2633	1.254
0.261	1.255
0.2586	1.256
0.2562	1.257
0.2538	1.258
0.2514	1.259
0.2489	1.26
0.2464	1.261
0.2439	1.262
0.2413	1.263
0.2387	1.264
0.2361	1.265
0.2334	1.266
0.2307	1.267
0.228	1.268
0.2252	1.269
0.2224	1.27
0.2195	1.271
0.2166	1.272
0.2137	1.273
0.2107	1.274
0.2076	1.275
0.2046	1.276
0.2014	1.277
0.1982	1.278
0.195	1.279
0.1917	1.28
0.1883	1.281
0.1848	1.282
0.1813	1.283
0.1777	1.284
0.1741	1.285
0.1703	1.286
0.1664	1.287
0.1625	1.288
0.1584	1.289
0.1543	1.29
0.15	1.291
0.1456	1.292
0.141	1.293
0.1363	1.294
0.1314	1.295
0.1263	1.296
0.1209	1.297
0.1153	1.298
0.1095	1.299
0.1032	1.3
0.0966	1.301
0.0895	1.302
0.0817	1.303
0.0731	1.304
0.0633	1.305
0.0516	1.306
0.0364	1.307

Return to Figure 1

Figure 1 (2 of 2): Policy Trade-Offs in the Simple Model. Blue Curve

Y axis	X axis
1.1872
1.188	0.001
1.1889	0.002
1.1897	0.003
1.1905	0.004
1.1914	0.005
1.1922	0.006
1.193	0.007
1.1939	0.008
1.1947	0.009
1.1955	0.01
1.1964	0.011
1.1972	0.012
1.198	0.013
1.1988	0.014
1.1996	0.015
1.2005	0.016
1.2013	0.017
1.2021	0.018
1.2029	0.019
1.2037	0.02
1.2045	0.021
1.2054	0.022
1.2062	0.023
1.207	0.024
1.2078	0.025
1.2086	0.026
1.2094	0.027
1.2102	0.028
1.211	0.029
1.2118	0.03
1.2126	0.031
1.2134	0.032
1.2142	0.033
1.215	0.034
1.2158	0.035
1.2166	0.036
1.2174	0.037
1.2182	0.038
1.219	0.039
1.2197	0.04
1.2205	0.041
1.2213	0.042
1.2221	0.043
1.2229	0.044
1.2237	0.045
1.2244	0.046
1.2252	0.047
1.226	0.048
1.2268	0.049
1.2276	0.05
1.2283	0.051
1.2291	0.052
1.2299	0.053
1.2306	0.054
1.2314	0.055
1.2322	0.056
1.2329	0.057
1.2337	0.058
1.2345	0.059
1.2352	0.06
1.236	0.061
1.2367	0.062
1.2375	0.063
1.2383	0.064
1.239	0.065
1.2398	0.066
1.2405	0.067
1.2413	0.068
1.242	0.069
1.2428	0.07
1.2435	0.071
1.2443	0.072
1.245	0.073
1.2458	0.074
1.2465	0.075
1.2472	0.076
1.248	0.077
1.2487	0.078
1.2495	0.079
1.2502	0.08
1.2509	0.081
1.2517	0.082
1.2524	0.083
1.2531	0.084
1.2539	0.085
1.2546	0.086
1.2553	0.087
1.256	0.088
1.2568	0.089
1.2575	0.09
1.2582	0.091
1.2589	0.092
1.2597	0.093
1.2604	0.094
1.2611	0.095
1.2618	0.096
1.2625	0.097
1.2632	0.098
1.264	0.099
1.2647	0.1
1.2654	0.101
1.2661	0.102
1.2668	0.103
1.2675	0.104
1.2682	0.105
1.2689	0.106
1.2696	0.107
1.2703	0.108
1.271	0.109
1.2717	0.11
1.2724	0.111
1.2731	0.112
1.2738	0.113
1.2745	0.114
1.2752	0.115
1.2759	0.116
1.2766	0.117
1.2773	0.118
1.278	0.119
1.2787	0.12
1.2794	0.121
1.28	0.122
1.2807	0.123
1.2814	0.124
1.2821	0.125
1.2828	0.126
1.2835	0.127
1.2841	0.128
1.2848	0.129
1.2855	0.13
1.2862	0.131
1.2868	0.132
1.2875	0.133
1.2882	0.134
1.2889	0.135
1.2895	0.136
1.2902	0.137
1.2909	0.138
1.2915	0.139
1.2922	0.14
1.2929	0.141
1.2935	0.142
1.2942	0.143
1.2949	0.144
1.2955	0.145
1.2962	0.146
1.2968	0.147
1.2975	0.148
1.2981	0.149
1.2988	0.15
1.2995	0.151
1.3001	0.152
1.3008	0.153
1.3014	0.154
1.3021	0.155
1.3027	0.156
1.3034	0.157
1.304	0.158
1.3046	0.159
1.3053	0.16
1.3059	0.161
1.3066	0.162
1.3072	0.163
1.3079	0.164
1.3085	0.165
1.3091	0.166
1.3098	0.167
1.3104	0.168
1.311	0.169
1.3117	0.17
1.3123	0.171
1.3129	0.172
1.3136	0.173
1.3142	0.174
1.3148	0.175
1.3154	0.176
1.3161	0.177
1.3167	0.178
1.3173	0.179
1.3179	0.18
1.3186	0.181
1.3192	0.182
1.3198	0.183
1.3204	0.184
1.321	0.185
1.3217	0.186
1.3223	0.187
1.3229	0.188
1.3235	0.189
1.3241	0.19
1.3247	0.191
1.3253	0.192
1.3259	0.193
1.3266	0.194
1.3272	0.195
1.3278	0.196
1.3284	0.197
1.329	0.198
1.3296	0.199
1.3302	0.2
1.3308	0.201
1.3314	0.202
1.332	0.203
1.3326	0.204
1.3332	0.205
1.3338	0.206
1.3344	0.207
1.335	0.208
1.3356	0.209
1.3361	0.21
1.3367	0.211
1.3373	0.212
1.3379	0.213
1.3385	0.214
1.3391	0.215
1.3397	0.216
1.3403	0.217
1.3408	0.218
1.3414	0.219
1.342	0.22
1.3426	0.221
1.3432	0.222
1.3437	0.223
1.3443	0.224
1.3449	0.225
1.3455	0.226
1.3461	0.227
1.3466	0.228
1.3472	0.229
1.3478	0.23
1.3483	0.231
1.3489	0.232
1.3495	0.233
1.35	0.234
1.3506	0.235
1.3512	0.236
1.3517	0.237
1.3523	0.238
1.3529	0.239
1.3534	0.24
1.354	0.241
1.3546	0.242
1.3551	0.243
1.3557	0.244
1.3562	0.245
1.3568	0.246
1.3573	0.247
1.3579	0.248
1.3584	0.249
1.359	0.25
1.3596	0.251
1.3601	0.252
1.3607	0.253
1.3612	0.254
1.3617	0.255
1.3623	0.256
1.3628	0.257
1.3634	0.258
1.3639	0.259
1.3645	0.26
1.365	0.261
1.3656	0.262
1.3661	0.263
1.3666	0.264
1.3672	0.265
1.3677	0.266
1.3682	0.267
1.3688	0.268
1.3693	0.269
1.3698	0.27
1.3704	0.271
1.3709	0.272
1.3714	0.273
1.372	0.274
1.3725	0.275
1.373	0.276
1.3736	0.277
1.3741	0.278
1.3746	0.279
1.3751	0.28
1.3757	0.281
1.3762	0.282
1.3767	0.283
1.3772	0.284
1.3777	0.285
1.3783	0.286
1.3788	0.287
1.3793	0.288
1.3798	0.289
1.3803	0.29
1.3808	0.291
1.3813	0.292
1.3819	0.293
1.3824	0.294
1.3829	0.295
1.3834	0.296
1.3839	0.297
1.3844	0.298
1.3849	0.299
1.3854	0.3
1.3859	0.301
1.3864	0.302
1.3869	0.303
1.3874	0.304
1.3879	0.305
1.3884	0.306
1.3889	0.307
1.3894	0.308
1.3899	0.309
1.3904	0.31
1.3909	0.311
1.3914	0.312
1.3919	0.313
1.3924	0.314
1.3929	0.315
1.3934	0.316
1.3939	0.317
1.3944	0.318
1.3949	0.319
1.3953	0.32
1.3958	0.321
1.3963	0.322
1.3968	0.323
1.3973	0.324
1.3978	0.325
1.3983	0.326
1.3987	0.327
1.3992	0.328
1.3997	0.329
1.4002	0.33
1.4006	0.331
1.4011	0.332
1.4016	0.333
1.4021	0.334
1.4026	0.335
1.403	0.336
1.4035	0.337
1.404	0.338
1.4044	0.339
1.4049	0.34
1.4054	0.341
1.4059	0.342
1.4063	0.343
1.4068	0.344
1.4073	0.345
1.4077	0.346
1.4082	0.347
1.4086	0.348
1.4091	0.349
1.4096	0.35
1.41	0.351
1.4105	0.352
1.4109	0.353
1.4114	0.354
1.4119	0.355
1.4123	0.356
1.4128	0.357
1.4132	0.358
1.4137	0.359
1.4141	0.36
1.4146	0.361
1.415	0.362
1.4155	0.363
1.4159	0.364
1.4164	0.365
1.4168	0.366
1.4173	0.367
1.4177	0.368
1.4182	0.369
1.4186	0.37
1.4191	0.371
1.4195	0.372
1.4199	0.373
1.4204	0.374
1.4208	0.375
1.4213	0.376
1.4217	0.377
1.4221	0.378
1.4226	0.379
1.423	0.38
1.4235	0.381
1.4239	0.382
1.4243	0.383
1.4248	0.384
1.4252	0.385
1.4256	0.386
1.426	0.387
1.4265	0.388
1.4269	0.389
1.4273	0.39
1.4278	0.391
1.4282	0.392
1.4286	0.393
1.429	0.394
1.4295	0.395
1.4299	0.396
1.4303	0.397
1.4307	0.398
1.4311	0.399
1.4316	0.4
1.432	0.401
1.4324	0.402
1.4328	0.403
1.4332	0.404
1.4337	0.405
1.4341	0.406
1.4345	0.407
1.4349	0.408
1.4353	0.409
1.4357	0.41
1.4361	0.411
1.4365	0.412
1.4369	0.413
1.4374	0.414
1.4378	0.415
1.4382	0.416
1.4386	0.417
1.439	0.418
1.4394	0.419
1.4398	0.42
1.4402	0.421
1.4406	0.422
1.441	0.423
1.4414	0.424
1.4418	0.425
1.4422	0.426
1.4426	0.427
1.443	0.428
1.4434	0.429
1.4438	0.43
1.4442	0.431
1.4446	0.432
1.445	0.433
1.4453	0.434
1.4457	0.435
1.4461	0.436
1.4465	0.437
1.4469	0.438
1.4473	0.439
1.4477	0.44
1.4481	0.441
1.4485	0.442
1.4488	0.443
1.4492	0.444
1.4496	0.445
1.45	0.446
1.4504	0.447
1.4508	0.448
1.4511	0.449
1.4515	0.45
1.4519	0.451
1.4523	0.452
1.4526	0.453
1.453	0.454
1.4534	0.455
1.4538	0.456
1.4541	0.457
1.4545	0.458
1.4549	0.459
1.4553	0.46
1.4556	0.461
1.456	0.462
1.4564	0.463
1.4567	0.464
1.4571	0.465
1.4575	0.466
1.4578	0.467
1.4582	0.468
1.4586	0.469
1.4589	0.47
1.4593	0.471
1.4597	0.472
1.46	0.473
1.4604	0.474
1.4607	0.475
1.4611	0.476
1.4615	0.477
1.4618	0.478
1.4622	0.479
1.4625	0.48
1.4629	0.481
1.4632	0.482
1.4636	0.483
1.4639	0.484
1.4643	0.485
1.4646	0.486
1.465	0.487
1.4653	0.488
1.4657	0.489
1.466	0.49
1.4664	0.491
1.4667	0.492
1.4671	0.493
1.4674	0.494
1.4678	0.495
1.4681	0.496
1.4685	0.497
1.4688	0.498
1.4691	0.499
1.4695	0.5
1.4698	0.501
1.4702	0.502
1.4705	0.503
1.4708	0.504
1.4712	0.505
1.4715	0.506
1.4718	0.507
1.4722	0.508
1.4725	0.509
1.4728	0.51
1.4732	0.511
1.4735	0.512
1.4738	0.513
1.4742	0.514
1.4745	0.515
1.4748	0.516
1.4752	0.517
1.4755	0.518
1.4758	0.519
1.4761	0.52
1.4765	0.521
1.4768	0.522
1.4771	0.523
1.4774	0.524
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1.4781	0.526
1.4784	0.527
1.4787	0.528
1.479	0.529
1.4794	0.53
1.4797	0.531
1.48	0.532
1.4803	0.533
1.4806	0.534
1.4809	0.535
1.4812	0.536
1.4816	0.537
1.4819	0.538
1.4822	0.539
1.4825	0.54
1.4828	0.541
1.4831	0.542
1.4834	0.543
1.4837	0.544
1.484	0.545
1.4843	0.546
1.4846	0.547
1.485	0.548
1.4853	0.549
1.4856	0.55
1.4859	0.551
1.4862	0.552
1.4865	0.553
1.4868	0.554
1.4871	0.555
1.4874	0.556
1.4877	0.557
1.488	0.558
1.4883	0.559
1.4885	0.56
1.4888	0.561
1.4891	0.562
1.4894	0.563
1.4897	0.564
1.49	0.565
1.4903	0.566
1.4906	0.567
1.4909	0.568
1.4912	0.569
1.4915	0.57
1.4918	0.571
1.492	0.572
1.4923	0.573
1.4926	0.574
1.4929	0.575
1.4932	0.576
1.4935	0.577
1.4938	0.578
1.494	0.579
1.4943	0.58
1.4946	0.581
1.4949	0.582
1.4952	0.583
1.4954	0.584
1.4957	0.585
1.496	0.586
1.4963	0.587
1.4965	0.588
1.4968	0.589
1.4971	0.59
1.4974	0.591
1.4976	0.592
1.4979	0.593
1.4982	0.594
1.4985	0.595
1.4987	0.596
1.499	0.597
1.4993	0.598
1.4995	0.599
1.4998	0.6
1.5001	0.601
1.5003	0.602
1.5006	0.603
1.5009	0.604
1.5011	0.605
1.5014	0.606
1.5016	0.607
1.5019	0.608
1.5022	0.609
1.5024	0.61
1.5027	0.611
1.5029	0.612
1.5032	0.613
1.5035	0.614
1.5037	0.615
1.504	0.616
1.5042	0.617
1.5045	0.618
1.5047	0.619
1.505	0.62
1.5052	0.621
1.5055	0.622
1.5057	0.623
1.506	0.624
1.5062	0.625
1.5065	0.626
1.5067	0.627
1.507	0.628
1.5072	0.629
1.5075	0.63
1.5077	0.631
1.508	0.632
1.5082	0.633
1.5085	0.634
1.5087	0.635
1.5089	0.636
1.5092	0.637
1.5094	0.638
1.5097	0.639
1.5099	0.64
1.5101	0.641
1.5104	0.642
1.5106	0.643
1.5108	0.644
1.5111	0.645
1.5113	0.646
1.5115	0.647
1.5118	0.648
1.512	0.649
1.5122	0.65
1.5125	0.651
1.5127	0.652
1.5129	0.653
1.5132	0.654
1.5134	0.655
1.5136	0.656
1.5138	0.657
1.5141	0.658
1.5143	0.659
1.5145	0.66
1.5147	0.661
1.515	0.662
1.5152	0.663
1.5154	0.664
1.5156	0.665
1.5159	0.666
1.5161	0.667
1.5163	0.668
1.5165	0.669
1.5167	0.67
1.517	0.671
1.5172	0.672
1.5174	0.673
1.5176	0.674
1.5178	0.675
1.518	0.676
1.5182	0.677
1.5185	0.678
1.5187	0.679
1.5189	0.68
1.5191	0.681
1.5193	0.682
1.5195	0.683
1.5197	0.684
1.5199	0.685
1.5201	0.686
1.5203	0.687
1.5205	0.688
1.5207	0.689
1.5209	0.69
1.5212	0.691
1.5214	0.692
1.5216	0.693
1.5218	0.694
1.522	0.695
1.5222	0.696
1.5224	0.697
1.5226	0.698
1.5228	0.699
1.523	0.7
1.5231	0.701
1.5233	0.702
1.5235	0.703
1.5237	0.704
1.5239	0.705
1.5241	0.706
1.5243	0.707
1.5245	0.708
1.5247	0.709
1.5249	0.71
1.5251	0.711
1.5253	0.712
1.5255	0.713
1.5256	0.714
1.5258	0.715
1.526	0.716
1.5262	0.717
1.5264	0.718
1.5266	0.719
1.5268	0.72
1.5269	0.721
1.5271	0.722
1.5273	0.723
1.5275	0.724
1.5277	0.725
1.5278	0.726
1.528	0.727
1.5282	0.728
1.5284	0.729
1.5286	0.73
1.5287	0.731
1.5289	0.732
1.5291	0.733
1.5293	0.734
1.5294	0.735
1.5296	0.736
1.5298	0.737
1.5299	0.738
1.5301	0.739
1.5303	0.74
1.5305	0.741
1.5306	0.742
1.5308	0.743
1.531	0.744
1.5311	0.745
1.5313	0.746
1.5315	0.747
1.5316	0.748
1.5318	0.749
1.532	0.75
1.5321	0.751
1.5323	0.752
1.5324	0.753
1.5326	0.754
1.5328	0.755
1.5329	0.756
1.5331	0.757
1.5332	0.758
1.5334	0.759
1.5336	0.76
1.5337	0.761
1.5339	0.762
1.534	0.763
1.5342	0.764
1.5343	0.765
1.5345	0.766
1.5346	0.767
1.5348	0.768
1.5349	0.769
1.5351	0.77
1.5352	0.771
1.5354	0.772
1.5355	0.773
1.5357	0.774
1.5358	0.775
1.536	0.776
1.5361	0.777
1.5363	0.778
1.5364	0.779
1.5365	0.78
1.5367	0.781
1.5368	0.782
1.537	0.783
1.5371	0.784
1.5373	0.785
1.5374	0.786
1.5375	0.787
1.5377	0.788
1.5378	0.789
1.5379	0.79
1.5381	0.791
1.5382	0.792
1.5384	0.793
1.5385	0.794
1.5386	0.795
1.5388	0.796
1.5389	0.797
1.539	0.798
1.5391	0.799
1.5393	0.8
1.5394	0.801
1.5395	0.802
1.5397	0.803
1.5398	0.804
1.5399	0.805
1.54	0.806
1.5402	0.807
1.5403	0.808
1.5404	0.809
1.5405	0.81
1.5407	0.811
1.5408	0.812
1.5409	0.813
1.541	0.814
1.5412	0.815
1.5413	0.816
1.5414	0.817
1.5415	0.818
1.5416	0.819
1.5417	0.82
1.5419	0.821
1.542	0.822
1.5421	0.823
1.5422	0.824
1.5423	0.825
1.5424	0.826
1.5425	0.827
1.5427	0.828
1.5428	0.829
1.5429	0.83
1.543	0.831
1.5431	0.832
1.5432	0.833
1.5433	0.834
1.5434	0.835
1.5435	0.836
1.5436	0.837
1.5437	0.838
1.5438	0.839
1.5439	0.84
1.5441	0.841
1.5442	0.842
1.5443	0.843
1.5444	0.844
1.5445	0.845
1.5446	0.846
1.5447	0.847
1.5448	0.848
1.5449	0.849
1.545	0.85
1.5451	0.851
1.5451	0.852
1.5452	0.853
1.5453	0.854
1.5454	0.855
1.5455	0.856
1.5456	0.857
1.5457	0.858
1.5458	0.859
1.5459	0.86
1.546	0.861
1.5461	0.862
1.5462	0.863
1.5462	0.864
1.5463	0.865
1.5464	0.866
1.5465	0.867
1.5466	0.868
1.5467	0.869
1.5468	0.87
1.5468	0.871
1.5469	0.872
1.547	0.873
1.5471	0.874
1.5472	0.875
1.5473	0.876
1.5473	0.877
1.5474	0.878
1.5475	0.879
1.5476	0.88
1.5476	0.881
1.5477	0.882
1.5478	0.883
1.5479	0.884
1.548	0.885
1.548	0.886
1.5481	0.887
1.5482	0.888
1.5482	0.889
1.5483	0.89
1.5484	0.891
1.5485	0.892
1.5485	0.893
1.5486	0.894
1.5487	0.895
1.5487	0.896
1.5488	0.897
1.5489	0.898
1.5489	0.899
1.549	0.9
1.5491	0.901
1.5491	0.902
1.5492	0.903
1.5492	0.904
1.5493	0.905
1.5494	0.906
1.5494	0.907
1.5495	0.908
1.5495	0.909
1.5496	0.91
1.5497	0.911
1.5497	0.912
1.5498	0.913
1.5498	0.914
1.5499	0.915
1.5499	0.916
1.55	0.917
1.5501	0.918
1.5501	0.919
1.5502	0.92
1.5502	0.921
1.5503	0.922
1.5503	0.923
1.5504	0.924
1.5504	0.925
1.5505	0.926
1.5505	0.927
1.5505	0.928
1.5506	0.929
1.5506	0.93
1.5507	0.931
1.5507	0.932
1.5508	0.933
1.5508	0.934
1.5509	0.935
1.5509	0.936
1.5509	0.937
1.551	0.938
1.551	0.939
1.5511	0.94
1.5511	0.941
1.5511	0.942
1.5512	0.943
1.5512	0.944
1.5512	0.945
1.5513	0.946
1.5513	0.947
1.5513	0.948
1.5514	0.949
1.5514	0.95
1.5514	0.951
1.5515	0.952
1.5515	0.953
1.5515	0.954
1.5516	0.955
1.5516	0.956
1.5516	0.957
1.5516	0.958
1.5517	0.959
1.5517	0.96
1.5517	0.961
1.5518	0.962
1.5518	0.963
1.5518	0.964
1.5518	0.965
1.5518	0.966
1.5519	0.967
1.5519	0.968
1.5519	0.969
1.5519	0.97
1.5519	0.971
1.552	0.972
1.552	0.973
1.552	0.974
1.552	0.975
1.552	0.976
1.552	0.977
1.5521	0.978
1.5521	0.979
1.5521	0.98
1.5521	0.981
1.5521	0.982
1.5521	0.983
1.5521	0.984
1.5521	0.985
1.5522	0.986
1.5522	0.987
1.5522	0.988
1.5522	0.989
1.5522	0.99
1.5522	0.991
1.5522	0.992
1.5522	0.993
1.5522	0.994
1.5522	0.995
1.5522	0.996
1.5522	0.997
1.5522	0.998
1.5522	0.999
1.5522	1
1.5522	1.001
1.5522	1.002
1.5522	1.003
1.5522	1.004
1.5522	1.005
1.5522	1.006
1.5522	1.007
1.5522	1.008
1.5522	1.009
1.5522	1.01
1.5522	1.011
1.5522	1.012
1.5522	1.013
1.5522	1.014
1.5521	1.015
1.5521	1.016
1.5521	1.017
1.5521	1.018
1.5521	1.019
1.5521	1.02
1.5521	1.021
1.5521	1.022
1.552	1.023
1.552	1.024
1.552	1.025
1.552	1.026
1.552	1.027
1.552	1.028
1.5519	1.029
1.5519	1.03
1.5519	1.031
1.5519	1.032
1.5519	1.033
1.5518	1.034
1.5518	1.035
1.5518	1.036
1.5518	1.037
1.5518	1.038
1.5517	1.039
1.5517	1.04
1.5517	1.041
1.5516	1.042
1.5516	1.043
1.5516	1.044
1.5516	1.045
1.5515	1.046
1.5515	1.047
1.5515	1.048
1.5514	1.049
1.5514	1.05
1.5514	1.051
1.5513	1.052
1.5513	1.053
1.5513	1.054
1.5512	1.055
1.5512	1.056
1.5512	1.057
1.5511	1.058
1.5511	1.059
1.5511	1.06
1.551	1.061
1.551	1.062
1.5509	1.063
1.5509	1.064
1.5509	1.065
1.5508	1.066
1.5508	1.067
1.5507	1.068
1.5507	1.069
1.5506	1.07
1.5506	1.071
1.5505	1.072
1.5505	1.073
1.5505	1.074
1.5504	1.075
1.5504	1.076
1.5503	1.077
1.5503	1.078
1.5502	1.079
1.5502	1.08
1.5501	1.081
1.5501	1.082
1.55	1.083
1.5499	1.084
1.5499	1.085
1.5498	1.086
1.5498	1.087
1.5497	1.088
1.5497	1.089
1.5496	1.09
1.5495	1.091
1.5495	1.092
1.5494	1.093
1.5494	1.094
1.5493	1.095
1.5492	1.096
1.5492	1.097
1.5491	1.098
1.5491	1.099
1.549	1.1
1.5489	1.101
1.5489	1.102
1.5488	1.103
1.5487	1.104
1.5487	1.105
1.5486	1.106
1.5485	1.107
1.5485	1.108
1.5484	1.109
1.5483	1.11
1.5482	1.111
1.5482	1.112
1.5481	1.113
1.548	1.114
1.548	1.115
1.5479	1.116
1.5478	1.117
1.5477	1.118
1.5476	1.119
1.5476	1.12
1.5475	1.121
1.5474	1.122
1.5473	1.123
1.5473	1.124
1.5472	1.125
1.5471	1.126
1.547	1.127
1.5469	1.128
1.5468	1.129
1.5468	1.13
1.5467	1.131
1.5466	1.132
1.5465	1.133
1.5464	1.134
1.5463	1.135
1.5462	1.136
1.5462	1.137
1.5461	1.138
1.546	1.139
1.5459	1.14
1.5458	1.141
1.5457	1.142
1.5456	1.143
1.5455	1.144
1.5454	1.145
1.5453	1.146
1.5452	1.147
1.5451	1.148
1.5451	1.149
1.545	1.15
1.5449	1.151
1.5448	1.152
1.5447	1.153
1.5446	1.154
1.5445	1.155
1.5444	1.156
1.5443	1.157
1.5442	1.158
1.5441	1.159
1.5439	1.16
1.5438	1.161
1.5437	1.162
1.5436	1.163
1.5435	1.164
1.5434	1.165
1.5433	1.166
1.5432	1.167
1.5431	1.168
1.543	1.169
1.5429	1.17
1.5428	1.171
1.5427	1.172
1.5425	1.173
1.5424	1.174
1.5423	1.175
1.5422	1.176
1.5421	1.177
1.542	1.178
1.5419	1.179
1.5417	1.18
1.5416	1.181
1.5415	1.182
1.5414	1.183
1.5413	1.184
1.5412	1.185
1.541	1.186
1.5409	1.187
1.5408	1.188
1.5407	1.189
1.5405	1.19
1.5404	1.191
1.5403	1.192
1.5402	1.193
1.54	1.194
1.5399	1.195
1.5398	1.196
1.5397	1.197
1.5395	1.198
1.5394	1.199
1.5393	1.2
1.5391	1.201
1.539	1.202
1.5389	1.203
1.5388	1.204
1.5386	1.205
1.5385	1.206
1.5384	1.207
1.5382	1.208
1.5381	1.209
1.5379	1.21
1.5378	1.211
1.5377	1.212
1.5375	1.213
1.5374	1.214
1.5373	1.215
1.5371	1.216
1.537	1.217
1.5368	1.218
1.5367	1.219
1.5365	1.22
1.5364	1.221
1.5363	1.222
1.5361	1.223
1.536	1.224
1.5358	1.225
1.5357	1.226
1.5355	1.227
1.5354	1.228
1.5352	1.229
1.5351	1.23
1.5349	1.231
1.5348	1.232
1.5346	1.233
1.5345	1.234
1.5343	1.235
1.5342	1.236
1.534	1.237
1.5339	1.238
1.5337	1.239
1.5336	1.24
1.5334	1.241
1.5332	1.242
1.5331	1.243
1.5329	1.244
1.5328	1.245
1.5326	1.246
1.5324	1.247
1.5323	1.248
1.5321	1.249
1.532	1.25
1.5318	1.251
1.5316	1.252
1.5315	1.253
1.5313	1.254
1.5311	1.255
1.531	1.256
1.5308	1.257
1.5306	1.258
1.5305	1.259
1.5303	1.26
1.5301	1.261
1.5299	1.262
1.5298	1.263
1.5296	1.264
1.5294	1.265
1.5293	1.266
1.5291	1.267
1.5289	1.268
1.5287	1.269
1.5286	1.27
1.5284	1.271
1.5282	1.272
1.528	1.273
1.5278	1.274
1.5277	1.275
1.5275	1.276
1.5273	1.277
1.5271	1.278
1.5269	1.279
1.5268	1.28
1.5266	1.281
1.5264	1.282
1.5262	1.283
1.526	1.284
1.5258	1.285
1.5256	1.286
1.5255	1.287
1.5253	1.288
1.5251	1.289
1.5249	1.29
1.5247	1.291
1.5245	1.292
1.5243	1.293
1.5241	1.294
1.5239	1.295
1.5237	1.296
1.5235	1.297
1.5233	1.298
1.5231	1.299
1.523	1.3
1.5228	1.301
1.5226	1.302
1.5224	1.303
1.5222	1.304
1.522	1.305
1.5218	1.306
1.5216	1.307
1.5214	1.308
1.5212	1.309
1.5209	1.31
1.5207	1.311
1.5205	1.312
1.5203	1.313
1.5201	1.314
1.5199	1.315
1.5197	1.316
1.5195	1.317
1.5193	1.318
1.5191	1.319
1.5189	1.32
1.5187	1.321
1.5185	1.322
1.5182	1.323
1.518	1.324
1.5178	1.325
1.5176	1.326
1.5174	1.327
1.5172	1.328
1.517	1.329
1.5167	1.33
1.5165	1.331
1.5163	1.332
1.5161	1.333
1.5159	1.334
1.5156	1.335
1.5154	1.336
1.5152	1.337
1.515	1.338
1.5147	1.339
1.5145	1.34
1.5143	1.341
1.5141	1.342
1.5138	1.343
1.5136	1.344
1.5134	1.345
1.5132	1.346
1.5129	1.347
1.5127	1.348
1.5125	1.349
1.5122	1.35
1.512	1.351
1.5118	1.352
1.5115	1.353
1.5113	1.354
1.5111	1.355
1.5108	1.356
1.5106	1.357
1.5104	1.358
1.5101	1.359
1.5099	1.36
1.5097	1.361
1.5094	1.362
1.5092	1.363
1.5089	1.364
1.5087	1.365
1.5085	1.366
1.5082	1.367
1.508	1.368
1.5077	1.369
1.5075	1.37
1.5072	1.371
1.507	1.372
1.5067	1.373
1.5065	1.374
1.5062	1.375
1.506	1.376
1.5057	1.377
1.5055	1.378
1.5052	1.379
1.505	1.38
1.5047	1.381
1.5045	1.382
1.5042	1.383
1.504	1.384
1.5037	1.385
1.5035	1.386
1.5032	1.387
1.5029	1.388
1.5027	1.389
1.5024	1.39
1.5022	1.391
1.5019	1.392
1.5016	1.393
1.5014	1.394
1.5011	1.395
1.5009	1.396
1.5006	1.397
1.5003	1.398
1.5001	1.399
1.4998	1.4
1.4995	1.401
1.4993	1.402
1.499	1.403
1.4987	1.404
1.4985	1.405
1.4982	1.406
1.4979	1.407
1.4976	1.408
1.4974	1.409
1.4971	1.41
1.4968	1.411
1.4965	1.412
1.4963	1.413
1.496	1.414
1.4957	1.415
1.4954	1.416
1.4952	1.417
1.4949	1.418
1.4946	1.419
1.4943	1.42
1.494	1.421
1.4938	1.422
1.4935	1.423
1.4932	1.424
1.4929	1.425
1.4926	1.426
1.4923	1.427
1.492	1.428
1.4918	1.429
1.4915	1.43
1.4912	1.431
1.4909	1.432
1.4906	1.433
1.4903	1.434
1.49	1.435
1.4897	1.436
1.4894	1.437
1.4891	1.438
1.4888	1.439
1.4885	1.44
1.4883	1.441
1.488	1.442
1.4877	1.443
1.4874	1.444
1.4871	1.445
1.4868	1.446
1.4865	1.447
1.4862	1.448
1.4859	1.449
1.4856	1.45
1.4853	1.451
1.485	1.452
1.4846	1.453
1.4843	1.454
1.484	1.455
1.4837	1.456
1.4834	1.457
1.4831	1.458
1.4828	1.459
1.4825	1.46
1.4822	1.461
1.4819	1.462
1.4816	1.463
1.4812	1.464
1.4809	1.465
1.4806	1.466
1.4803	1.467
1.48	1.468
1.4797	1.469
1.4794	1.47
1.479	1.471
1.4787	1.472
1.4784	1.473
1.4781	1.474
1.4778	1.475
1.4774	1.476
1.4771	1.477
1.4768	1.478
1.4765	1.479
1.4761	1.48
1.4758	1.481
1.4755	1.482
1.4752	1.483
1.4748	1.484
1.4745	1.485
1.4742	1.486
1.4738	1.487
1.4735	1.488
1.4732	1.489
1.4728	1.49
1.4725	1.491
1.4722	1.492
1.4718	1.493
1.4715	1.494
1.4712	1.495
1.4708	1.496
1.4705	1.497
1.4702	1.498
1.4698	1.499
1.4695	1.5

Return to Figure 1