Answer: Choosing one particular action for a situation
randomly
Explanation: A pure strategy is used to define the actions of the user in the particular situation. In such case, the user choose one alternatively from two or more and do not mix them.
Whereas, in a mixed strategy the user chooses its action from a number of alternatives in a random manner and not on the basis of any predetermined criteria as in the case of pure strategy.
Answer:
The nominal federal funds rate be changed to 3%
Explanation:
Hi, in order to find the new nominal federal fund rate, we have to use the following equation.
Where:
I = Nominal fed funds rate (what we are looking for)
R*=Real federal funds rate (changed from 1% to 3%, we use 3%)
PI= Rate of inflation (current inflation, in our case, 1%)
PI*=Target inflation (expected inflation, 3%)
Everything should look like this.
I = 3% + 1% + 0.5(1% - 3%)
I = 4% - 0.5(-2%)
I = 4% - 1%
I = 3%
So the nominal federal funds rate should be 3% under this problem´s conditions.
Best of luck.
Answer: Option (B) Net salary
Explanation: Salary is any fixed amount paid by the employer to an employee in exchange for the services offered. Salary is divided into two categories which are gross salary and net salary.
Net salary is the amount of take-home pay remaining after all withholdings and necessary deductions have been removed from a workers salary, the employee then receive the residual amount. Net salary is lower than gross salary. Net salary is the fixed amount of income enjoyed by the employee monthly and it is excluded from all other fringe benefits. While Gross salary is therefore the composite of several components of an individual salary package.
Answer and Explanation:
1. Margie Johnson would be ethically wrong if she grants the boss's favour to not report inventory shrinkage. Also financial statements would not show a true and fair view if she decides to follow what her boss is asking. She should report true inventory value in financial statements.
2. Yes Ryan is being professional since he is out to improve company's sales and income even though he may be putting pressure on employees to work overtime
Answer: (B) A cost changes as the related activity changes.
Explanation: Cost behaviour is a popular concept in Accounting( studied indepthly in Cost Accounting, a branch of Accounting) that deals with the relationship between cost/expenses and business activity. It tries to explain how much cost would change as a result of increase or decrease in a certain activity or activities in business, with the main aim of finding the best(optimum) combination of cost and activities. In other words, the amount of cost and activities that will yield best returns(maximum profit).
