Answer:
The correct answer is the second option: unit of account.
Explanation:
To begin with, the particular concept of money, in the economics field, has a lot of application that can vary depending on wheter the use that person is going to give it to it. In the cases where the money is use in the accounts of the companies to keep the books in actual values of the day then the money has the function of acting as a unit of account in order to know how much is the amount that it has to be registered in the books and therefore that the banker is using the money as a unit of account for the bank.
Answer:
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Explanation:
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Answer:
<u>can</u> ; <u>can</u>
Explanation:
With increasing or decreasing government expenditure there are various other things also associated. Government expenditure is not only done to construct roads, but rather to provide education, to provide better health services, to provide more opportunities.
If an individual is more educated and healthy then the remaining candidates his chances for a better job are even higher, with that he shall contribute to GDP.
With taxes the buying capacity of individuals earning are decreased, also with the levy of taxes government tends to earn more. With this again the GDP suffers directly.
Answer:
A
Explanation:
A capital good is a good that is used to produce another good. examples of capital goods are : tools, buildings, equipment
A consumer good is a good that is directly consumed by final end users e.g. food, clothing, jewellery.
The oven used to make bread is the capital good, while, the bread is the consumer good. Bread is sold to consumers