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 as it provides a common standard for the measurement of the value of goods and services. This allows for easier comparison of prices and helps in determining the value of various assets and liabilities. While money also functions as a medium of exchange and standard of deferred payment, these roles are secondary to its primary function as a unit of accounting. Money does not serve as an opportunity cost of investment as that is a separate economic concept.

Money Serves as a Standard of Value, Which Is Another