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What does money provide when individuals compare prices to determine the worth of goods?

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Question

What does money provide when individuals compare prices to determine the worth of goods?

Options

  • Transfer of Value

  • Measure of Value

  • Measurement of National Income

  • Store of Value

MCQ
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Solution

Measure of Value

Explanation:

Money acts as a measure of value by providing a common unit to compare the prices of various items.

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