Because it is the common denominator that we use to compare products and decide which ones we will buy, money functions as a(n)
A) accepted resource.
B) commercial tool.
C) measure of value.
D) instrument of socialism.
E) medium of exchange.

Question

Quizplus · Accepted Answer

Money is a measure of value because it is used to assign a numerical value to goods and services. It is the standard by which we compare and determine the worth of a product or service. The other choices do not accurately describe the role of money in the economy.

Because It Is the Common Denominator That We Use to Compare