Comparing how many dollars it takes to attend college each year to annual earnings on a job represents the use of money as a:
A) medium of exchange.
B) unit of account.
C) store of value.
D) store of coincidence.

Question

Quizplus · Accepted Answer

Using money as a unit of account involves measuring the value or cost of goods and services in monetary terms. In this case, comparing college expenses to job earnings is a way of measuring the value of these two things in monetary terms, which reflects the use of money as a unit of account.

Comparing How Many Dollars It Takes to Attend College Each