The Unit of Account Is Defined as

question 20

Multiple Choice

The unit of account is defined as

• A) the medium of exchange.
• B) the exchange of goods and services directly for other goods and services.
• C) barter.
• D) an object that is accepted in return for goods and services.
• E) an agreed upon measure for stating prices of goods and services.

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Definitions:

Note Taking System

Organized methods for recording information from lectures, readings, or other sources for review and study purposes.

Informal Outlines

A loosely structured guide for organizing thoughts and arguments before writing, often bulleted or noted in brief phrases.

Cornell System

A systematic method of note-taking involving the division of a page into three sections: cues, notes, and summary, to organize and review notes efficiently.

Note Taking

A method of creating order and arranging thoughts and materials to help a person retain information.