Which function of money refers to the use of money to state the prices of goods and services?
A) unit of account
B) means of payment
C) medium of exchange
D) store of value

Question

Quizplus · Accepted Answer

The unit of account function of money refers to the use of money to state the prices of goods and services. This means that money acts as a standard unit of measurement for value, and helps facilitate economic transactions by providing a common language for buyers and sellers to communicate the value of goods and services.

Which Function of Money Refers to the Use of Money