Money's Function as a Unit of Account Can Best Be

question 59

Multiple Choice

Money's function as a unit of account can best be described as

• A)an agreed measure for stating the prices of goods and services.
• B)an entry in an accounting ledger.
• C)a method of recording transactions.
• D)a commodity that can be exchanged for another commodity.
• E)a generally accepted medium of exchange.

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Definitions:

Cardiac Arrest

A sudden, unexpected loss of heart function, breathing, and consciousness, typically caused by an electrical disturbance in the heart.

Convulsions

Involuntary, rapid contractions of muscles which can be a symptom of various medical conditions, including epilepsy and fever.

Epinephrine

A hormone and neurotransmitter also known as adrenaline, which increases heart rate, contracts blood vessels, dilates air passages, and participates in the fight-or-flight response.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, essential for the circulatory system's functioning.