Which of the Following Items Serve as a Unit of Account

question 210

Multiple Choice

Which of the following items serve as a unit of account?
I. $100 cash
II. checkable deposits
III. an original Picasso painting
IV. a $1,000 corporate bond that you own

• A) I only
• B) I and II
• C) I, II, and III
• D) I, II, and IV
• E) I, II, III, and IV

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