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What Is The Unit Of Account Function Of Money Quizlet?

January 24, 2024 by Ahmed Ali

What Is The Unit Of Account Function Of Money Quizlet? What is the “unit of account” function of money? To provide a common unit for measuring the relative value of different goods and services. What is the unit of account function of money? Functions of Money Unit of Account: It is a standard numerical unit

Which Of The Following Is An Example Of Money As A Unit Of Account?

January 24, 2024 by Ahmed Ali

Which Of The Following Is An Example Of Money As A Unit Of Account? A unit of account can be divided so that its component parts will equal the original value. If you divide a dollar into four quarters, the total value of the four quarters still equals a dollar. Likewise, if you cut a