When money is used to compare the value of different products it is used?
a) As a medium of exchange
b) As an indicator of debt
c) As a store of value
d) As a unit of accounting
d) As a unit of accounting, but don't worry, money can't do math, it's always trying to make a "cents" out of everything!
d) As a unit of accounting
The correct answer is d) As a unit of accounting.
Money is used as a unit of accounting when it is used to measure and compare the value of different products or services. This involves assigning a monetary value or price to each item, which allows for easier comparison and calculation.
To determine this answer, you could have reviewed the various functions of money and understood how each function relates to the comparison of product values. In this case, the function of money as a unit of accounting specifically addresses the measurement and comparison of value.