One function of money is to allow comparisons between goods. For example, it would be difficult to compare "apples to oranges" if we could not say that apples cost $1.59 per pound, while oranges cost $0.99 per pound.

Question

Rosemary Stewart

SAT

18 November, 09:01

One function of money is to allow comparisons between goods. For example, it would be difficult to compare "apples to oranges" if we could not say that apples cost $1.59 per pound, while oranges cost $0.99 per pound.

+3

Answers (2)

Know the Answer?

Mariela Porter · Answer 1

Answer:True

Chuckles · Answer 2

A) medium of exchange.

B) measure of value.

C) store of value.

D) bartered item.

The answer is B. measure of value

Explanation:

Money is a measure of value. It acts as a kind of yardstick to allow for comparisons between very different kinds of goods.