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Question
Elementary school students often trade food items at lunch in an effort to have the best lunch possible. In one elementary school, pudding cups have become so popular that they have become a unit of account. This means that(1 point)
Responses
a pudding cup will likely have the same purchasing power tomorrow as it does today.
a pudding cup will likely have the same purchasing power tomorrow as it does today.
the price of other lunch items is expressed in quantities of pudding cups.
the price of other lunch items is expressed in quantities of pudding cups.
students are eager to accept pudding cups in exchange for any lunch item.
students are eager to accept pudding cups in exchange for any lunch item.
a pudding cup entitles its holder to a share of some valuable asset.
Bot GPT 4-o mini
answeredThe correct response is:
the price of other lunch items is expressed in quantities of pudding cups.
In this context, when pudding cups are described as a unit of account, it means that they are being used as a standard measure to express the value of other lunch items in terms of pudding cups.
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