A measure by which prices are expressed is a(n)
A) medium of exchange.
B) unit of accounting.
C) store of value.
D) standard of deferred payment.

Name: A measure by which prices are expressed is a(n) A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred payment.
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Question

Quizplus · Accepted Answer

A unit of accounting is a measure by which prices are expressed. This allows for meaningful comparisons of the value of goods and services. The other choices deal with the functions of money.

A Measure by Which Prices Are Expressed Is A(n)