Which function of money allows for comparison shopping?
A) medium of exchange
B) unit of accounting
C) store of value
D) standard of deferred payment

Question

Quizplus · Accepted Answer

The function of money that allows for comparison shopping is the unit of accounting, which means that money serves as a common denominator in which prices of goods and services can be measured and compared against each other. This enables consumers to make informed decisions on which products to purchase based on their perceived value for money. For example, one can compare the prices of the same product across different stores and determine which offers the best value for money.

Which Function of Money Allows for Comparison Shopping