Which function of money represents a measure for stating the prices of goods and services?
A) medium of exchange
B) unit of account
C) store of value
D) means of payment

Name: Which function of money represents a measure for stating the prices of goods and services? A) medium of exchange B) unit of account C) store of value D) means of payment
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Question

Quizplus · Accepted Answer

The unit of account function of money means it is used as a common measure to express the value of goods and services, making it easier to compare prices.

Which Function of Money Represents a Measure for Stating the Prices