1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
£823.89 divided by 18
Reil [10]
45.7716
6 is recurring 
6 0
3 years ago
Select the correct answer.
algol [13]

Answer:

its answer C. y=-8

Step-by-step explanation:

y=-8 passes through (-2, -8) and is parallel to y=3 because they're both horizontal

3 0
3 years ago
Solve and graph <br> -4 + 2t - 14 - 18t &gt; -6 - 100t
irina [24]
Okay so first u just add the terms on each side 
2t-18>-6-100t  
2(t-9)>2(-3-50t)
t-9>-3-50t
51t>6
t>6/51
t>2/17
so just take a number line put an empty circle like this : O on 2/17 and draw a line showing it continues to the right infinitely. Sorry if my math is wrong lol i am functioning on one hour of sleep. 
7 0
3 years ago
Pls help i need it its area
SOVA2 [1]
3,800
because the rectangle area is 40x70 plus the triangle area is 40x50 divided by 2
3 0
2 years ago
Read 2 more answers
A shop makes a profit of £2750 in March.
LiRa [457]

Answer:

15% increase

Step-by-step explanation:

2750... 10% of that is 275, add 275 to 2750 is 3025. 1% of 2750 is 27.50, you times that by 5, which is 137.50 and add that to 3025 giving you 3162.50, add the 10% with the 5% gives you 15%, that's the increase.

7 0
3 years ago
Other questions:
  • One feeding trough has a width of 36". Another feeding trough has a width of 96". What is the percentage difference between the
    11·2 answers
  • Fiona starts at the beginning of a hiking trail and walks 4/5 of a mile. She counts the mileage markers that are placed every 1/
    8·1 answer
  • A metalworker has a metal alloy that is 20​% copper and another alloy that is 65​% copper. How many kilograms of each alloy shou
    14·1 answer
  • Is 301 in the sequence with the rule 3n+1? Please tell me how.<br><br> Thank you
    14·2 answers
  • Two containers designed to hold water are side by side, both in the shape of a cylinder. Container A has a radius of 7 feet and
    8·1 answer
  • HELP LDJAODXOSBDIXNXM
    12·1 answer
  • What is the vertex of the quadratic function f(x) = (x-8)(x - 2)?
    15·1 answer
  • if three cubes of sides 3cm each are joined end to end, then find the length, breadth and height of the resultant cuboid​
    8·1 answer
  • 1/4 xy if x = -2/3 and y = 3/5
    13·1 answer
  • What is the graph that represents the equation 0.4(x + 3) = (y - 6)²?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!