ths is a measure of currency used to repesent the real value or cost of any economic item and is of three function of money. it gives meaning to profits, losses, liability, or asset.

Question

Social Studies

Joel Wilson

13 December, 12:37

ths is a measure of currency used to repesent the real value or cost of any economic item and is of three function of money. it gives meaning to profits, losses, liability, or asset.

+2

Answers (2)

Know the Answer?

Camilla Vaughan · Answer 1

Camilla Vaughan 13 December, 12:50

0

Liability's of the measure

Kasey Roy · Answer 2

This question is incomplete, here's the complete question

This is a measure of currency used to represent the real value or cost of any economic item and is one of three functions of money. It gives meaning to profits, losses, liability, or assets

Answer: Unit of account

Explanation:

The primary functions of money are:

is a medium of exchange store of value unit of account

The value of goods, services, and assets is measured in a distinct currency. Serving as a unit of account is one of the most significant features of money. It means that money is a measurement for value, that can be used to evaluate the value of assets, goods, and services, as well as record debts.