72,924 views
45 votes
45 votes
What can be done to ensure a more stable monetary unit​

User Andrew Hare
by
2.4k points

1 Answer

19 votes
19 votes

Answer:

The stable monetary unit concept assumes that the value of the dollar is stable over time. This concept essentially allows accountants to disregard the effect of inflation -- a decrease, in terms of real goods, of what a dollar can purchase.

User Scniro
by
3.0k points