Which of the following best illustrates the unit of account function of money?
A. You list prices for candy sold on your Web site, www.sweettooth.com, in dollars.
B. You pay for your WNBA tickets with dollars.
C. You keep $10 in your backpack for emergencies.
D. None of the above is correct.
Answer:A
Which of the following best illustrates the unit of account function of money?
A. You list prices for candy sold on your Web site, www.sweettooth.com, in dollars. B. You pay for your WNBA tickets with dollars. C. You keep $10 in your backpack for emergencies. D. None of the above is correct.