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.