Money is used as a ________ when you visit the local farmers' market and compare prices across different vendors.
A)means of payment
B)unit of account
C)store of value
D)medium of exchange
E)measure of barter

Question

Quizplus · Accepted Answer

A unit of account is a function of money that allows it to act as a common measure of value for goods and services. When visiting the local farmers' market and comparing prices across different vendors, you are using money as a unit of account to determine the relative value of the goods being sold.

Money Is Used as a ________ When You Visit the Local