Question

which of the following best illustrates the unit of account function of money? question 16 options: you list prices for candy sold on your web site, www.sweettooth, in dollars. you pay for your wnba tickets with dollars. you keep $10 in your backpack for emergencies. none of the above is correct.

Answer 1

The option that best illustrates the unit of account function of money is listing prices for candy sold on a web site in dollars.

Step-by-step explanation:

The option that best illustrates the unit of account function of money is:

1. You list prices for candy sold on your web site, www.sweettooth.com, in dollars.

Money serves as a unit of account by providing a common denominator for measuring values. It allows us to assign specific values to goods and services, making transactions easier to carry out. In this case, listing prices for candy in dollars demonstrates the unit of account function of money.