Question

Suggest economic term for the given statements:
1) The act of exchanging poods for goods
curren
times,
for
2) Provision for making payments in future -
Qu.. Store
disagree wit
D There
2) Then
3) System that makes use of currency for facilitating
poyonis-
4) Credit instrument through which bank deposits are
transferable
5) M etary value stored and transferred
electronically by means of computer hard drive or
server
6) Money no accounted for in the bank and not
o to the governmen,​

Answer 1

Answer:

There are economic terms used for the various types of statements given by you,

Explanation:

1)When goods and services are exchanged against money that is known as a transaction.

And on the otherhand when goods and services are exchanged thats known as trade.

2) The provision for making payments in future is known as "payment owing" also known as debtors.

If you owe money to someone, they are your creditors.

If money is owed to you, thats debtors

3) System that makes use of currency for facilitating  money is known as e-money or electronic money.

4) Credit instrument through which bank deposits are  transferable

They may be bank notes, bonds, , deposits

5) Monetary value stored and transferred  electronically by means of computer hard drive or  server  is also commonly known as electronic money.

6) Money which is not accounted for is known as your black money.

Answer 2

1) The act of exchanging poods for goods  curren  times,  for: Transaction  

2) Provision for making payments in future -  Qu.. Store  disagree wit  D There:  Trade  

3) System that makes use of currency for facilitating  poyonis: Payment Owing  

4) Credit instrument through which bank deposits are  transferable: Electronic Money  

5) Monetary value stored and transferred  electronically by means of computer hard drive or  server: Credit Instrument  

6) Money no accounted for in the bank and not o to the government: Black Money  

Explanation:  

• The statements mentioned in the question all depict different economic terms and these terms are prevalently used in trade, commerce, institutional and personal finance.
• Each of these terms depicts different aspects of finance. Namely, for unaccounted wealth that falls under black money as the money generated is not coming from a legal and transparent avenue.

Learn more about Economic terms:

Give economic terms programme for development of small,medium,and micro industries​

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Give economic terms:

1) Procedure for dividing the data into equal parts.

2) Value that divides the series into ten equal parts.

3) Value that divides the whole set of observations in

to four equal parts.​

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