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Goods and services

The intangibl...

Question

The intangible work carried out by a worker is known as ______.

A

services

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B

goods

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C

capital

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D

labour

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Solution

The correct option is A services
Services are intangible work carried out by a worker. This means that it can not be seen or touched but can only be experienced. Services are also rewarded in the form of wages and can be sold and bought just as goods are sold and bought.

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