Uninsurable risk is one where the insurance company cannot calculate the probability of the risk occurring which can happen due to numerous reasons. An insurable risk is one where the calculations can be made and the premium that gets paid is determined.
The pound will appreciate.
An appreciation means a growth in the cost of a currency in opposition to different foreign forex. An appreciation makes exports extra steeply priced and imports less expensive. An instance of an appreciation in the value of the Pound 2009 – 2012. Jan 2009 If £1 = €1.1.
Foreign money appreciation commonly reduces inflation due to the fact imports come to be inexpensive and the decreased prices lead to decreasing inflation. It makes imports extra appealing, causing the demand for neighborhood merchandise to fall. neighborhood organizations generally must reduce fees and boom productiveness as a way to stay competitive.
In 2021-22, the GBP-USD trade charge is forecast to understand with the aid of four.6%, with £1 returning US$1.3679 on common during the 12 months. on the time of guide, the BoE day-by-day spot exchange charge was £1 same to US$1.3404 on 02 March 2022.
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Answer:
C) $142,576
Explanation:
The computation of the maturity value of the CD is shown below:
We use the future value formula that is shown in the spreadsheet.
Given that,
Present value = $100,000
Rate of interest = 12% ÷ 4 quarters = 3%
NPER = 3 years × 4 quarters = 12 years
PMT = $0
The formula is shown below:
= -FV(Rate;NPER;PMT;FV;type)
The future value is $142,576
Answer: The entrepreneur assumes the risk of the business
Explanation:
An entreprenuer is a person that's bears the risk and controls the other resources such as the land , labour and the capital.
Also, we should note that the entrepreneur either makes a profit or loss. The difference between the small business owner and the entrepreneur is that the entrepreneur assumes the risk of the business
Answer: D. is a necessary, but not sufficient, condition for the maximization of profits.
Explanation:
In the labor market, the condition for equilibrium is that marginal revenue product of labor will be equal to the wage rate, abd also that MPL/PL=MPK/PK.
It should be noted that the equation MPL/PL = MPC/PC is a necessary, but not sufficient, condition for profit maximization.
