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A horse has a power output of 1 hp 746 W) when it is pulling a cart. If the cart covers 100 m in 30 s, the force the horse exerts on the cart is
Assets
Resources owned by a person or business, which are expected to produce positive economic value.
Transaction Demand
The requirement to possess currency in order to carry out daily financial transactions.
Medium of Exchange
An intermediary instrument or system used to facilitate the sale, purchase, or trade of goods between parties.
Measure of Value
A function of a medium of exchange that allows it to serve as a common denominator to express the value of goods and services.
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