What is the unit of account function of money? O To provide a common measurement of...

 

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What is the "unit of account" function of money? O To provide a common measurement of the relative value of different goods and CC services. O The ability of money to hold value over time. O That the materials used to manufacture money are of medium grade or poor quality, so that people will not hoard money for its value as a commodity. O That money is generally acceptable in exchange for goods and services. What is the "unit of account" function of money? O To provide a common measurement of the relative value of different goods and CC services. O The ability of money to hold value over time. O That the materials used to manufacture money are of medium grade or poor quality, so that people will not hoard money for its value as a commodity. O That money is generally acceptable in exchange for goods and services.

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Solution The correct answer is to provide a common measurement of the rela... View the full answer