The unit of account function of money
A)all of the following are correct
B)means that money makes the relative values of goods and services more easily known
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 makes it easy to determine the relative values of goods and services. This function does not require that money be made of something valuable, nor does it necessarily mean that money can be used to save up purchasing power or that money is more easily counted than goods.

The Unit of Account Function of Money