The Unit of Account Function of Money

question 34

Multiple Choice

The unit of account function of money

• A)all of the following are correct
• B)means that money makes the relative values of goods and services more easily known
• C)requires that money be made of something valuable
• D)means that money can be used to save up purchasing power
• E)means that money is more easily counted than goods

---

Definitions:

RC Time Constant

The time necessary to charge or discharge a capacitor when it is connected in series with resistance.

Time Constants

The time required for a system to change significantly from one state to another, often used in the context of charging and discharging in RC (Resistor-Capacitor) and RL (Resistor-Inductor) circuits.

Charge Curve

A graphical representation of the charge of a battery or capacitor over time, often showing how charge varies with charging or discharging processes.

Dielectric Constant

A method of determining the insulation properties of a dielectric using air as a reference.