Examlex
If you were to take a piece of clothing and turn it into an art object for display in a gallery, what item of clothing would you choose and why? Think about how you would display your craft object, and what you might do to enhance it visually or to give it symbolic meaning. Do you think viewers of your craft piece would consider it art? Ceramics
4) Our word ceramic comes from this Greek word.
[MC L1]
Goods and Services
Physical products (goods) and intangible benefits (services) that fulfill consumers' needs or desires.
Nominal Wage
The wage paid to workers measured in current monetary units, without taking inflation into account.
Price Level
The calculated average of current prices for all goods and services in the economic field.
Money Supply
The entire sum of cash, coins, and account balances in checking and savings that constitute the monetary assets in an economy at a specific time.
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