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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
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1 Answer

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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
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