Because money creates a standard <u>unit of account</u> it is possible to compare the prices of two goods, which allows people to communicate the <u>value</u> of the goods in a way that is easily understood. This characteristic of money also enables it to serve as a <u>recording</u> device, or a way to measure accounts and transactions in a consistent manner
<h3><u>Explanation:</u></h3>
- To understand this in a better way money is a medium of exchange between the two parties.
- This becomes possible to compare the prices of the goods which one buys from other.
- It is a store of value of the goods. This is a unit of account that keeps the measure of all the transaction held.
- Money is best defined as with its three main features
Answer:
decreased levels of happiness, change in economic status, and emotional problems. poverty
Explanation:
Here are the main principles behind restorative justice:
- Crime is an offense against the law system and other people who live in it.
- They recognize that the crime victims needed a support from what the criminals have done to them.
- It aims to correct everything wrong that happened because of the crimes.
- It indicates that everyone who are proven to break the laws are held responsible upon all of their actions.
