The unit of account function of money _____
A) means that money should be durable.
B) means that money is used to measure the value of all goods.
C) requires that money be made of something valuable.
D) means that money can be used to save up purchasing power.
E) means that money is more easily counted than goods.

Question

Quizplus · Accepted Answer

The unit of account function of money means that money is used to measure the value of all goods. It serves as a common denominator for determining the worth of different goods and facilitates transactions by providing a uniform standard of value.

The Unit of Account Function of Money _____