Find a Tutor
Question
Download App
About Us
Become a Tutor
USD $
Home / Questions

A website compares the prices of groceries. Which function of money is illustrated by this?

A.
medium of exchange
B.
standard of deferred payment
C.
store of value
D.
unit of account
Economics
IGCSE&ALevel
CAIE
Exam No：9708_w24_qp_33 Year：2024 Question No：16

Answer:

D

Knowledge points:

9.4.1 definition, functions and characteristics of money
9.4.2 definition of money supply

Solution:

Download APP for more features
1. Tons of answers.
2. Smarter Al tools enhance your learning journey.
IOS
Download
Android
Download
Google Play
Download

Related Question

A government decides to use price controls to achieve allocative efficiency in a monopoly market. Which price would need to b...
Economics
IGCSE&ALevel
CAIE
Which statement about indifference curves is not correct?
Economics
IGCSE&ALevel
CAIE