QUESTION 26 Which of the following best illustrates the unit of account function of money? a. You list prices for candy sold on your Web site, www.sweettooth.com, in dollars. b. You pay for your theater tickets with dollars. c. You keep 6 ounces of gold in your safe-deposit box at the bank of emergencies. d. None of the above is correct.
QUESTION 26 Which of the following best illustrates the unit of account function of money? a. You list prices for candy sold on your Web site, www.sweettooth.com, in dollars. b. You pay for your theater tickets with dollars. c. You keep 6 ounces of gold in your safe-deposit box at the bank of emergencies. d. None of the above is correct.
Chapter12: Money And Banking
Section: Chapter Questions
Problem 2E
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QUESTION 26
Which of the following best illustrates the unit of account function of money?
a.
You list prices for candy sold on your Web site, www.sweettooth.com, in dollars.
b.
You pay for your theater tickets with dollars.
c.
You keep 6 ounces of gold in your safe-deposit box at the bank of emergencies.
d.
None of the above is correct.
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