ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Perishable goods like barley make poor forms of currency. What does “perishable” mean?
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Susceptible to spoiling or being ruined
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Large in size
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Hard to measure
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Worthless
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Explanation:
Detailed explanation-1: -Markets are an important part of the economy. They allow a space where governments, businesses, and individuals can buy and sell their goods and services.
Detailed explanation-2: -In its simplest form, a budget plans for and compares income and expenses over a specified time period. Budgets require you to subtract expenses from income. If you have money left, you have a surplus.
Detailed explanation-3: -Setting up a budget will allow you to earn more money. The idea behind keeping a budget is to spend exactly as much as you earn. They allow people to track how and where their money is spent.
There is 1 question to complete.