A $70 price tag on a sweater in a department store window is an example of money functioning as a:
A. unit of account.
B. standard of deferred payments.
C. store of value.
D. medium of exchange.
Unit of account refers to something that can be used to value goods and services. Money plays a good role in this case as it informs the potential buyer of the worth of the sweater by the amount on the tag.
