0
cost
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
Which of these terms means a general increase in prices and a fall in the purchasing value of money?
inflation
What is purchasing power?
The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.
What the three functions of money?
Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account.
What the difference between planned value and earned value?
Planned Value is the authorized budget assigned to the scheduled work to be accomplished for a schedule activity or a work breakdown structure component Earned Value is the value of completed work expressed in terms of the approved budget assigned to that work for a schedule activity or work breakdown structure component.
What is the main functions of Money in economic system?
Money is often defined in terms of the three functions or services that it provides. Money serves:1. As a medium of exchange2. As a store of value, and3. As a unit of account
Is capacity the same as amount why or why not?
Amount can be a value in money terms, or the mass of an object. Neither is a capacity.Amount can be a value in money terms, or the mass of an object. Neither is a capacity.Amount can be a value in money terms, or the mass of an object. Neither is a capacity.Amount can be a value in money terms, or the mass of an object. Neither is a capacity.
What is meant by perceived value of an item?
An approximate value in terms of Money that is guesstimated.
What is the flow of electricity through a wire?
In electrical terms it is known as current and it is expressed in the value of amperage.
What does discount mean?
Testimony that is not believed for some reason.
What meant by nominal value of shares?
Nominal value of shares refers to the value of share expressed in monetary terms. It is the fixed value of an issued security for the specific year or years without adjusting or inflation. It is also called par value or face value.
Which of these terms means a general increase in prices and a fall in the purchasing value of money?
inflation
What is purchasing power?
The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase.
Is money a medium of exchange for people to trade things of value?
Yes, money is a generally accepted medium of exchange, which facilitates the trade of things of value, measurable in monetary terms. Those are just two of the functions of money.
Which is the most expensive Bollywood movie ever made?
It was mugle azam in terms of value of money in 1960
What is a booty in pirate terms?
Loot. Doubloons. Pieces of eight. Money. High value goods. Treasure.
What the three functions of money?
Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account.
What are the three functions of money?
Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account.
