The function of money that allows individuals a method to compare the relative value of goods and services is
A) medium of exchange.
B) unit of accounting.
C) store of value.
D) liquidity.

Question

Quizplus · Accepted Answer

The function of money that allows individuals a method to compare the relative value of goods and services is unit of accounting. It provides a common unit of measurement for expressing the worth of goods and services. Medium of exchange facilitates transactions, store of value means being able to save or keep purchasing power over time, and liquidity refers to the ability of money to be easily converted into cash.

The Function of Money That Allows Individuals a Method to Compare