Bryan is demonstrating the unit of account function of money. By comparing the prices of different backpacks, he is using money to measure and compare the value of the items.
Bryan needs a new backpack. He compares the prices of three different backpacks at a local store to find the best deal. Which function of money is Bryan demonstrating?
(1 point)
Responses
unit of account
unit of account
store of value
store of value
acceptance of payment
acceptance of payment
medium of exchange
medium of exchange
1 answer