Question

Explain the meaning of non-market activities
a) Production
b) Non-marketable
c) Involuntary
d) Economic

Answer 1

Answer:

The answer is option (b) Non-marketable

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Answer 2

(B) Non-marketable is the meaning of non-market.

Definition of non-marketable;

Non-marketable- any goods or an assets difficult to purchase or sell as tehy are not considered into trading activities.

Features of non-marketable;

• Non-marketable is a service that is not purchased from money or cost-effective manner.
• They are not considered in the selling of public sector as well as in trading.
• Saving bonds and security are included in non-marketable.
• Savings bonds and security are considered in government instruments.
• They revolved around principles of market value and intrinsic value.

Therefore, Non-marketable activities are a part of market value and based on government debt instruments.