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Money serving as the ruler by which we measure values is money as a:
AUnit of account
BStore of value
CMedium of exchange
DMethod of saving
Answer & Solution
Correct answer: A. Unit of account
1. The third function is about measurement rather than exchange.
2. Money serves as a medium of exchange and as a store of value.
3. Third, money serves as a unit of account.
4. That means it is the ruler by which we measure values.
_Source: OpenStax Principles of Macroeconomics for AP Courses 2e (CC BY 4.0), Ch 13 'Money and Banking'_
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