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Gemiola [76]
3 years ago
11

What does it mean to be a unit of account

Mathematics
2 answers:
jolli1 [7]3 years ago
7 0

Answer:

A unit of account in economics is a nominal monetary unit of measure or currency used to value/cost goods, services, assets, liabilities, income, expenses; i.e., any economic item. It is one of three well-known functions of money. It lends meaning to profits, losses, liability, or assets.

Step-by-step explanation:

Stels [109]3 years ago
6 0

Answer:

Please refer to the explanation.

Step-by-step explanation:

Essentially, a unit of account is a measurement for value. It may be related to fiat currency, crypto-currencies, or any other instrument that allows us to compare the value of things.

In economics, the term is used to describe one of the major functionalities of money, which is related to its ability to measure the value of a particular property, good, or service. This is what allows us to evaluate a wide range of distinct products and compare then in monetary values, based on a specific currency, such as the US dollar, the British Pound, or the Euro.

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What is 2/3 + 3/4 I don’t understand it at all
victus00 [196]

Answer:

6/12 or half

Step-by-step explanation:

this would be the answer because the lowest common denominator of 4 and 3 is 12 so you'd multiply them you'd get 12 then multiply 2 and 3 and get six therfore the answer is 6/12 or 1/2

6 0
3 years ago
Read 2 more answers
(c^3b^1a^4)^4 + 3a^16b^4c^12
azamat

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Step-by-step explanation:

5 0
3 years ago
You spin the spinner and flip a coin. Find the probability of the compound event.
Mademuasel [1]

Answer:

The probability of spinning an even number and flipping heads is 1/4

Step-by-step explanation:

You spin the spinner and flip a coin.

A spinner that has 1 of each number, 1-6

Total events =12

(1,H),(2,H),(3,H),(4,H),(5,H),(6,H)

(1,T),(2,T),(3,T),(4,T),(5,T),(6,T)

We are supposed to find  probability of spinning an even number and flipping heads

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Total events = 12

The probability of spinning an even number and flipping heads =\frac{3}{12}=\frac{1}{4}

Hence The probability of spinning an even number and flipping heads is 1/4

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3 years ago
D<br> E<br> F<br> Using the Pythagorean Theorem, which of the following is true?
yaroslaw [1]

Answer:

D

Step-by-step explanation:

5 0
3 years ago
How.to express the sum 21/9 in a whole number and fractions
JulijaS [17]

Answer:

2 1/3

Step-by-step explanation:

21/9 is 2.33 or 2 1/3

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