When you use money to compare value it is used as
A)a store of value.
B)a medium of exchange.
C)a unit of account.
D)a unit of standard.

Question

Quizplus · Accepted Answer

Money is used as a unit of account when comparing value. This means that prices are expressed in a common monetary unit, making it easier for individuals to compare the relative value of goods and services. Money as a store of value means that it can hold its value over time, while money as a medium of exchange means that it is used to facilitate transactions. Money as a unit of standard is not a common term used in economics.

When You Use Money to Compare Value It Is Used