Question

The economic term for the money that is received from the sale of goods and services.

Answer 1

The economic term for the money that is received from the sale of goods and services is revenue. I hope this is the answer that you are looking for and it comes to your help.

Answer 2

Answer:

The answer is Revenues.

Explanation:

The revenues are the amount of money that a company receives for the sale of its products or services. Revenue is the increase of the economic inputs purely from the commercial activity of the company or economic entity. This item increases business assets because it reduces the liabilities and obligations thereof and increases the assets.