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18 February, 03:03

The unit of account function of money:

all of the following are correct

means that money makes price information more accessible

requires that money be made of something valuable

means that money can be used to save up purchasing power

means that money is more easily counted than goods

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  1. 18 February, 03:21
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    Answer: Money makes price information more accessible

    Explanation: The unit of account function of money tells that money can be used as a common measurement for all the goods or services offered in the market, thus, making it possible to price the commodities and making it more accessible and informative to the consumers.

    In simple words it means all units can be measured on the basis of money.
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