Arnelizxamy Arnelizxamy

01-07-2016
Business

Answered

Which of the following correctly defines money as a unit of account?

Ait determines whether a good has value.
Bit is determined to be legal by the person in possession of it.
Cit provides a means for comparing the values of goods and services.
Dit does not retain its value when saved instead of spent.

Verified Answer :

10-07-2016

The correct answer to this question is letter "c. it provides a means for comparing the values of goods and services." The statement that correctly defines money as a unit of account is that it provides a means for comparing the values of goods and services.

Answer Link

Related Questions

If point D is placed on how will the measure of relate to the measure of

With increased diversion of water during the 1950s, which of the following did not occur to the Aral Sea? A. Villages were able to maintain close access to t

The united states declared war on Japan In 1941 because of an attack on which location or group

why didnt lincoln not free slaves at the beginning of the war in order to avoid

During an educational seminar the nurse is asked to write down personal characteristics that are admired respected and undesirable In which activity is this nur

In snails that live in the fictional town of Bikini Bottom the coloring of their shells is determined by different alleles at two loci C c and D d There are fou

Carly spends 5 for n notebooksWrite an algebraic expression represent the cost of one notebook

Price quantity demanded quantity supplied150 100 0200 90 10250 80 20300 70 30350 60 40400 50 50450 40 60500 30 70550 20 80600 10 90650 0 100equiblirium price

How is literary nonfiction unique from other types of nonfiction It includes more information in a shorter amount of space It uses elements and devices more com

Jeanette is writing the first five terms of an arithmetic sequence She knows that a1 is 27 and the common difference is 5 She believes that the first five terms

Web Analytics