What Does the Idea Behind Money as a Measure of Value

question 124

Multiple Choice

What does the idea behind money as a measure of value illustrate about the use of money?

• A)It allows persons to hold spending power for some period of time.
• B)It allows receipt of income to be separated from spending.
• C)It allows prices to be quoted in money terms.
• D)It allows double-entry bookkeeping.

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