The unit of account function of money:
A)means that money should be durable.
B)means that money makes price information more accessible.
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 refers to its ability to serve as a standard measure of value for goods and services. This helps make price information more accessible and facilitates transactions. The other choices are not directly related to this function.

The Unit of Account Function of Money