Measurement of Value of all goods and services refers to which of the following functions of money?
Expressing and measuring the value of all goods and services in terms of a common monetary denominator refers to the primary function of money as a 'Unit of Account'…
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Measurement of Value of all goods and services refers to which of the following functions of money?
Answer and explanation
Correct answer B
Expressing and measuring the value of all goods and services in terms of a common monetary denominator refers to the primary function of money as a 'Unit of Account' (Measure of Value).
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RPSC Senior Teacher Grade II