It is easy for Mark to compare the differences in price when he is shopping for a new truck because money is a
A) measure of value.
B) medium of exchange.
C) measure of exchange.
D) store of value.
E) standard intermediary.

Question

Quizplus · Accepted Answer

Money serves as a measure of value, allowing Mark to compare the differences in price between trucks. This is because money represents the value of goods and services, enabling individuals to make informed choices about what to purchase based on the price being asked. While money also functions as a medium of exchange, measure of exchange, store of value, and standard intermediary, it is the measure of value that is particularly relevant in the context of shopping and price comparison.

It Is Easy for Mark to Compare the Differences in Price