Answer:
Using Taylor's rule, when the equilibrium real federal funds rate is 3 percent, the positive output gap is 2 percent, the target inflation rate is 1 percent, and the actual inflation rate is 2 percent, the nominal federal funds rate target should be <u>6.5 %.</u>
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Answer:
Variable-interval
Explanation:
she is likely to be reinforced with positive responses to her inquiries on a variable-interval schedule.
Variable-interval schedule is a schedule of reinforcement where a response is recompensed after an uncertain amount of time has passed, which is the opposite of a fixed-interval schedule.
Answer:
$664,000
Explanation:
Kuck corporation has a contribution margin ratio of 75%
= 75/100
= 0.75
The company's monthly fixed expense is $456,000
The company's monthly target profit is $42,000
Therefore, the dollar sales to reach the target profit for the company can be calculated as follows
= Target profit+fixed expense/contribution margin ratio
= $42,000+$456,000/0.75
= $498,000/0.75
= $664,000
Hence the dollar sales to attain the company's target profit is $664,000
Answer:
1. Check
5. Invoice from supplier
8. Bank statements
9. Purchase order
Explanation:
Source documents are used to trace a transaction. The main characteristic of a source document is that it does not originate within the company but needs to be <em>signed or authorized</em> by both the <em>company</em> and <em>a third party</em> such as a bank, a customer, and a creditor or supplier. The above are the only source documents on the given list.