Simplify the Numerical Expression $$\frac { 4 } { 5 } + \frac { 1 } { 9 }$$

question 166

Short Answer

Simplify the numerical expression. Remember that fractions are not considered simplified unless they are reduced. $$\frac { 4 } { 5 } + \frac { 1 } { 9 }$$

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Definitions:

Market System

A financial structure in which the choices about investment, production, and allocation are directed by the pricing cues generated by supply and demand dynamics.

Entrepreneurs

Individuals who innovate, create, and manage new businesses, taking on financial risks in the hope of profit.

Prudent Risk Management

The process of identifying, assessing, and prioritizing risks followed by coordinated application of resources to minimize, monitor, and control the probability or impact of unforeseen events.

Wage, Rent

Wage refers to the payment to labor for its contribution to production, while rent is the payment for the use of land or property.