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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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Elan Coil [88]

Answer:

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Step-by-step explanation:

3 0
4 years ago
A train travels from point A to B at a speed of 100km/h. how long it will take to travel 25 km
mariarad [96]

Answer:

Step-by-step explanation:

25 km / 100 km/hr = 0.25 hr or 15 minutes

6 0
3 years ago
CORRECT ANSWER WILL GET BRAINLIEST EO
pishuonlain [190]

Answer:

Step-by-step explanation:

if x=0 then f(x)=2 (0,2)

if f(x)=0 then x=-1 (-1,0)

7 0
3 years ago
The Williams family and the Robinson family each used their sprinklers last summer. The water output rate for the Williams famil
lisov135 [29]

Answer

The Williams family used their sprinkler for 40 hours.

The Robinson family used their sprinklers for 35 hours.

Explanation

Let the number of hours that the Williams family used their sprinklers be x hours

Let the number of hours that the Robinson family used their sprinklers be y hours

They both use their sprinklers for a combined total of 75 hours

x + y = 75 (equation 1)

And this resulted in a combined total water output of 2225 L

If the Williams used their 25 L per hour sprinkler for x hours,

Total water output for the Williams family = (25) (x) = (25x) L

If the Robinson used their 35 L per hour sprinkler for y hours,

Total water output for the Robinson family = (35) (y) = (35y) L

But, their combined total water output is 2225 L

25x + 35y = 2225 (equation 2)

x + y = 75

25x + 35y = 2225

On solving this simultaneous equation, we obtain that

x = 40 hours

y = 35 hours

Hope this Helps!!!

4 0
1 year ago
-1.3n =7.8 need help​
xxMikexx [17]

Hey there!

-1.3n = 7.8

First, you have to DIVIDE both sides by -1.3

-1.3n / -1.3 = 7.8 / -1.3

Cancel out: -1.3 / -1.3 because it gives you the value of 1

Keep: 7.8 / -1.3 because it gives us the value of n

7.8 ÷ -1.3 = -6

Thus, n = -6 ✅

Good luck on your assignment and enjoy your day!

~LoveYourselfFirst:)

7 0
4 years ago
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