Because it is a unit of account,money
A)increases transaction costs.
B)reduces the number of prices that need to be calculated.
C)does not earn interest.
D)discourages specialization.

Question

Quizplus · Accepted Answer

As a unit of account, money allows for a common standard of measurement for prices, reducing the need to calculate a large variety of prices for different goods and services. This facilitates transactions and reduces transaction costs. Money's function as a unit of account does not necessarily have an impact on earning interest or discouraging specialization.

Because It Is a Unit of Account,money