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What is a word for payments for goods or services received especially when sent by post?
Wiki User
∙ 13y ago
Remittence -Remittences
Wiki User
∙ 13y ago
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What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
Why are transfer payments not included as a government expenditure when calculating GDP?
no, because they are not payments for currently produced goods or services.
What does income transfer mean?
It's Payments to individuals for which no goods and services are exchanged.
How exchange rate has affected BOP?
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
What allows the user to obtain goods and services or money in return for future payments?
credit
How much are global payments usually?
Global Payments are usually made when exchanging goods or services. Global Payments are usually the value of the goods or services. Business Supplies and Office Supplies are provided for the Global Payments and those payments should be the equivalent of the supplies provided.
What are prepayments?
Prepayments are payments that are done for goods and services which a company/organization expect to receive or consume in future periods. Known again as prior payments the amounts payed in advance can be for rent, software license etc. Prepayments goods and services are recognized as assets once they have been received. -- Regards Quew Kgomari
What is the economic term for the money that is received from the sale of goods and services?
Revenue is the economic term for the money that is received from the sale of goods and services.
In the circular flow of goods and services what does the government use money payments to provide?
Goods and services
Why are transfer payments not included as a government expenditure when calculating GDP?
no, because they are not payments for currently produced goods or services.
What does income transfer mean?
It's Payments to individuals for which no goods and services are exchanged.
How exchange rate has affected BOP?
If the amount spent on goods and service by UK buyers is greater than the amount received from selling goods and services abroad, the UK will experience a balance of payments deficit (trade deficit). If the reverse occurs then the UK will experience a balance of payments surplus (trade surplus)
What allows the user to obtain goods and services or money in return for future payments?
credit
In the circular flow of goods and services what does the resource market represent?
all the exchanges of goods and services in an economy
What does the phrase amounts due for undelivered goods slash services mean?
It means there is an outstanding debt for some goods or services you have received.
Addressing the goal of what provides assurance that goods and services will be available and payments will be made on time?
equity
The government uses money payments to provide what to business firms and households?
Goods & services :) a+ users
