Unit of Account Quiz

Money serves as a common measure of the value of goods and services being exchanged. (correct)

Money provides a common currency for international trade.

Money helps us quantify the opportunity cost of consuming goods and services.

Money facilitates efficient decision-making in terms of buying goods and services.

3 dozen oranges

1 dozen oranges

2 dozen oranges (correct)

4 dozen oranges

It provides a common currency for international trade.

It allows for easy comparison and evaluation of different goods and services. (correct)

It ensures fair exchange of goods and services.

It helps us quantify the opportunity cost of consuming goods and services.