When money serves as a unit of account, this means that money acts as... Select the correct answer below: a way to preserve its value for later use O an intermediary between the buyer and the seller an acceptable method of payment an accounting method that simplifies thinking about trade-offs

When money serves as a unit of account, this means that money acts as... Select the correct answer below: a way to preserve its value for later use O an intermediary between the buyer and the seller an acceptable method of payment an accounting method that simplifies thinking about trade-offs

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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When money serves as a unit of account, this means that money acts as...
Select the correct answer below:
a way to preserve its value for later use.
O an intermediary between the buyer and the seller
an acceptable method of payment
an accounting method that simplifies thinking about trade-offs

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