Question

When all goods have their prices written in rupees, money is acting as ______.

पर्याय

• Store of value

• Measure of value

• Standard of deferred payments

• Transfer of value

Answer 1

When all goods have their prices written in rupees, money is acting as measure of value.

Explanation: 

Money as a measure of value (unit of account) allows comparison of values through common price units.