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

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.