The function of money that helps assess the opportunity cost of an activity is money's use as a
A)medium of exchange.
B)store of value.
C)unit of account.
D)store of debt.
E)barter tool.

Question

Quizplus · Accepted Answer

Money's use as a unit of account allows us to compare the value of different activities or purchases by assigning them a monetary value. This helps us assess the opportunity cost of choosing one activity over another.

The Function of Money That Helps Assess the Opportunity Cost