Money serves as a standard of value, which is another way of saying that money functions as

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Quizplus · Accepted Answer

Money serves as a unit of accounting because it is used to measure the value of goods and services. This allows for consistent pricing and comparison between products. While money can also function as a medium of exchange, store of value, and standard of deferred payment, these are not the primary functions of money as a standard of value.

Money Serves as a Standard of Value, Which Is Another