<span>The three types are Pass Bill, More importance to Funding to foreign aid and work with other government and international organisations.
The fist one pass bill, US government always take responsibility to pass bill to reduce global poverty. The second one concentrate on foreign funding is increased by getting more donors is used to develop the nations. The last one is work with others, supports collaborations and partnership is used to give more power to the US.</span>
Answer:
$1,307
Explanation:
The computation of the future value by using the following formula is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
$1,500 = Present value × (1 + 0.035)^4
So, the present value is
= $1,500 ÷ (1.035)^4
= $1,307
Hence, the present value is $1,307 and the same is to be considered
Answer: Mental budgeting.
Explanation: This concept is very much in consistent with the concept of mental accounting. The concept of mental accounting says that a person has already classified the areas where he will be spending his income and each area has its own importance and is given particular amount to that. Contrary to this, however, the mental budgeting is the phenomenon which uses the same technique but in such a way that it calculates the amount to be spend on multiple areas beforehand and using the rational cognitive ability, imagine the possibility that if an area would be left without spending money on that, would that help him save or not.
The government’s action that they use in limiting the amount
of scarce of goods for citizens to buy during the wartime is rationing.
Rationing is an action or process of having a person to have a limited or fixed
amount in which in goods—they can only have or brought a limited amount of
goods.
Conjoint studies are run to understand how
consumers make TRADEOFFS. Tradeoffs is a technique wherein the person
literally reduce an outcome in order to achieve a more desirable result that is
beneficial to that person. In conjoint studies, people will weigh the product
by its features and uses and will choose what is the most preffered feature to
the least preferred feature.
