Economy, asked by madhureddy8213, 7 months ago

Explain measure of value function of money

Answers

Answered by armantiwari5129

Answer:

A Measure of Value or Unit of Account or Means of Valuation: Money acts as a unit of account or money is the measure of exchange value. This means that money is a sort of common denominator, through which the exchange value of all goods and services can be expressed without any difficulty.

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