Exercises No.2 From Text B
2. Say whether these statements are true (T) or false (F), and if they are false say why.
a. ( T ) Labour is work performed by an employer at a negotiated rate.
b. ( T ) The expenses of a business are part of it's surplus.
c. ( T ) Usually new business need capital.
d. ( T ) Because business may not always be successful, there is always some risk involved in financing theme.
e. ( T ) Employers and employees share the risk in financing new enterprises
f. ( T ) The surpluses which people provide to help new bussinesses arise from previous economic activities.
g. ( F ) Communistic economies also have policies of saving surpluses
Why : Because such capital is accumulated by a deliberate policy of saving surpluses.
h. ( T ) A nation's capital in economic terms is the city where the goverment is situated.