Money serves as a unit of account,which is another way of saying that money functions as
A)a medium of exchange.
B)standard of value.
C)a store of value.
D)standard of deferred payment.

Question

Quizplus · Accepted Answer

A unit of account is a standard numerical unit in which the value of goods and services is measured. Money functions as a standard of value or unit of account, which means that it provides a common measurement of the value of goods and services.

Money Serves as a Unit of Account,which Is Another Way