Answer:
Real cost of the tv= $1104
Explanation:
Giving the following information:
You can buy a TV now, and wait a year to pay (with no interest).
So, if you take home a $ 1,150 TV today, you will owe them $ 1,150 in one year.
Your bank is offering 4 % interest, you can lend the $1,150 to the bank and profit from the interest generated.
We need to use the following formula:
FV= PV*(1+i)^n
FV= Final value
PV= present value
i= interest rate
n= number of years
FV= 1150*(1.04)^1= $1196
Real cost of the tv= 1150- 46= $1104
Answer: Government
Explanation:
Classical theory of economics states that the economy is self regulated and operates at full employment. It states that the economy is fully capable of achieving real GDP output when employment is full. It assumes that there is neither government nor international trade involved with the economy.
Explanation:
hope you have find your answer
Answer:
risk management policy statement
Explanation:
Based on the scenario being described within the question it can be said that this list is known as a risk management policy statement. Like mentioned in the question, this is a documentation that clearly states all the risks and hazards involved when performing a specific task. Companies such as Paula's Agri-Products Company use these policies in order to define these risks and let all of the employees know about them.