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11 June, 06:59

1. A useful characteristic of money is that money

O A. allows us to compare the values of goods and services.

O B. is something that everyone wants.

OC. is only printed by the US government.

O D. is difficult to count accurately.

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Answers (1)
  1. 11 June, 10:40
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    O A. allows us to compare the values of goods and services.

    Explanation:

    Money has three primary functions which include a medium of exchange, unit of account, and store of value.

    As a unit of account, money is used to give value to other assets. In other words, money provides a medium through which assets and products are valued. Money is divisible into smaller units which makes its application in valuation easy.

    The value of goods and services is expressed in monetary terms. Buyers and seller, therefore, can determine how much is needed to transact.
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Home » Business » 1. A useful characteristic of money is that money O A. allows us to compare the values of goods and services. O B. is something that everyone wants. OC. is only printed by the US government. O D. is difficult to count accurately.
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