Catherine compares the prices of candy bars in order to get the "best buy." This comparison represents using money as a
A) store of value.
B) medium of exchange.
C) unit of account.
D) none of the above

Question

Quizplus · Accepted Answer

Comparing prices of candy bars to determine the best buy is an example of using money as a unit of account, which involves measuring the value of goods and services in terms of money. A store of value refers to holding onto money or assets that can be easily exchanged in the future, and a medium of exchange involves using money to facilitate transactions.

Catherine Compares the Prices of Candy Bars in Order to Get