Money serves as
A) a unit of account.
B) a medium of exchange.
C) a store of value.
D) all of the above

Question

Quizplus · Accepted Answer

Money serves as a unit of account, as it is used to measure the value of goods and services. It also serves as a medium of exchange, allowing people to trade goods and services without the need for a barter system. Additionally, money serves as a store of value, allowing individuals to save and accumulate wealth over time.

Money Serves as