Economy, asked by pemnorbu7578, 8 months ago

Money as a unit of acount

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Answered by Anonymous
6

Answer:

In economics, unit of account is one of the functions of money. The value of something is measured in a specific currency. This allows different things to be compared against each other; for example, goods, services, assets, liabilities, labor, income, expenses. It lends meaning to profits, losses, liability and assets.

Answered by janart302
0

Answer:

answer

in economics, the unit of account is one of the function of money.

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