Which of the following is not an economic event?

Sale of goods to customers

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Purchase of materials from supplier

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Payment of rent to landlord

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Hiring a new employee

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Solution

The correct option is D
Hiring a new employee

Economic events are the business transactions that are measurable in terms of money. Hiring a new employee cannot be expressed in monetary terms. Instead payment of salary to him will be considered as economic event as it can be measured in monetary terms

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