Money's function as a unit of account can best be described as
A) an agreed measure for stating the prices of goods and services.
B) an entry in an accounting ledger.
C) a method of recording transactions.
D) a commodity that can be exchanged for another commodity.
E) a generally accepted medium of exchange.
Correct Answer:
Verified
Q1: Which of the following assets is the
Q2: Which of the following best fits the
Q4: The official definitions of money can include
Q5: Which one of the following is not
Q6: Money can take the form of any
Q7: Money's function as a store of value
Q8: If you can find someone to swap
Q9: Which one of the following is not
Q10: If the prices of goods and services
Q11: Which of the following is not considered
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