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Answered

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Which function of money describes its ability to help people compare what
different goods and services are worth?
A. Standard of deferred payment
B. Store of value
C. Measure of value
D. Medium of exchange

Sagot :

Samawatiidn

Answer:

C. Measure of value

Explanation:

Measure of value or unit of account is one of the four main functions of money.  Under this function, money makes it possible to compare the values of different goods and services. Producers of goods and service providers apply various techniques to assign a monetary value to their products. Comparison in value, therefore possible as with money as the common denominator.

Because money is divisible in small units, it is possible to attach a monetary value to a good or service regardless of its size or worth.

Answer: D. Medium of exchange

Explanation:

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