Question

The statement "This Dell laptop costs $1,200" illustrates which function of money?A) medium of exchangeB) unit of accountC) store of valueD) standard of deferred payment

Answer 1

Answer:

The correct answer is b) unit of account

Explanation:

The statement "This Dell laptop costs $1,200" illustrates which function of money? Unit of account

The unit of account represents one of the function of money, The value of an article is measured the same currency to compare with another article.