197k views
0 votes
Which of the following is an example of money as a unit of account?

A.opening a savings account at a bank
B.lending a friend $25
C.checking the price of a camera at several stores before buying it
D.purchasing a toy for $8.99

Student Selected Correct-C.checking the price of a camera at several stores before buying it

User Mmccaff
by
8.6k points

1 Answer

1 vote

Answer:

Checking the price of a camera at several stores before buying it. Option C is correct.

Step-by-step explanation:

The other options do not necessarily involve using the money as a unit of account. Opening a savings account at a bank consists in using money as a store of value; lending a friend $25 is termed as a medium of exchange of money, and purchasing a toy also falls in the same category as option A. Option C is correct because a person is comparing the price of the camera at several stores and using money as a way to measure and compare the values of the camera.

User Robert Lemiesz
by
7.8k points