Accountancy, asked by shlokppatil, 1 year ago

methodology of classifying family ctivities into moonetary and non monetary

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Answered by aiman69
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monetary Of or relating to money, or to the mechanisms by which it is supplied to, and circulates in, an economy. In comparison, fiscal relates to public revenues (taxation) and public spending, debt, and finance.
The non-monetary  economy represents work such as household labor, care giving and civic activity  that does not have a monetary  value but remains a vitally important part of the economy.


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