A $200 price tag on a handbag in a department store is an example of money serving as a
A) medium of exchange.
B) unit of accounting.
C) store of value.
D) standard of deferred value.

Name: A $200 price tag on a handbag in a department store is an example of money serving as a A) medium of exchange. B) unit of accounting. C) store of value. D) standard of deferred value.
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Question

Quizplus · Accepted Answer

The price tag represents the handbag's value in monetary terms, which is an example of money serving as a unit of accounting.

A $200 Price Tag on a Handbag in a Department