The unit of account function of money
A)all of the following are correct
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 common measure of value for goods and services. This makes price information more accessible, allowing for easier comparison of different items. This function does not require money to be made of something valuable, nor does it necessarily allow for saving up purchasing power or easier counting of goods.

The Unit of Account Function of Money