Solved

When an Asset Is Used as a Universal Yardstick for Expressing

Question 4

Multiple Choice

When an asset is used as a universal yardstick for expressing the worth of different goods and services,it serves the function of a ________.


A) store of value
B) unit of account
C) medium of exchange
D) loanable fund

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions