Explain money as a measure of value. – InterviewSolution

1.	Explain money as a measure of value.
Answer» Money serves as a measure of value. In other words it serves as a unit of account. Unit of account means that the value of each good or services is measured in the monetary unit. With the help of money we can express each unit of goods or services in terms of money. For example: value of a chocolate is Rs 10.

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