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)

Question

Responses

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.
a pudding cup entitles its holder to a share of some valuable asset.

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.

Answer 1

The correct response is:

the price of other lunch items is expressed in quantities of pudding cups.

This indicates that pudding cups are serving as a unit of account, allowing students to value and trade other items in terms of pudding cups.