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Marysya12 [62]
3 years ago
8

When money provides a standard way to compare the value of goods and services, it acts as _________

Geography
1 answer:
tia_tia [17]3 years ago
8 0

Answer:

2.Unit of account

Explanation:

Money has three functions: as a store of value, as a unit of account, and as medium of exchange.

Money acts as a unit of account because it provides a measure of the value of the different goods and services produced within an economy.

For example, in the U.S., the value of goods and services are measured in dollars. A house may cost $100,000, while a meal at McDonalds can cost $10 or less.

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