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Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using money as a _____. m…

Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using money as a _____. m…
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Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using money as a _____.

medium of exchange

store of value

unit of account

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User ITake
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the answer is unit of account 
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User Caleb Larsen
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8.5k points
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Julio is using money as a unit of account. The function of money as a unit of account allows us to quickly compare the value of different things by stating the value in a common unit, in this case U.S. Dollars.
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User Mukama
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