Register
Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using money as a _____. medium of exchange store
95.3k views
2 votes
Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using money as a _____.

medium of exchange

store of value

unit of account

User ITake
by
6.8k points

2 Answers

0 votes
the answer is unit of account 
User Caleb Larsen
by
7.3k points
5 votes
Julio is using money as a unit of account. The function of money as a unit of account allows us to quickly compare the value of different things by stating the value in a common unit, in this case U.S. Dollars.
User Mukama
by
7.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.8m questions

10.5m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!