Another term for a unit of account is a
A) bank account.
B) savings account.
C) measure of value.
D) store of value.

Question

Quizplus · Accepted Answer

A unit of account refers to the way prices and values are measured in an economy, often in terms of a standard currency such as dollars or euros. It is not equivalent to a bank or savings account, which are specific financial instruments. "Measure of value" is a commonly used synonym for unit of account, while "store of value" refers to the ability of an asset to hold its value over time.

Another Term for a Unit of Account Is a