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In Mathematics / High School | 2014-11-03

Julio is given $10 in allowance money. He heads down to the store and finds two games that he can buy. In comparing the prices of these goods, Julio is using money as a __________.

Asked by Essybabe

Answer (2)

Julio is using money as a unit of account. The function of money as a unit of account allows us to quickly compare the value of different things.

Answered by leilanimuhaimin | 2024-06-11

Julio is using money as a unit of account, which helps him measure and compare the prices of the games he wants to buy. This function of money allows him to understand what he can afford with his allowance. It simplifies his decision-making process in purchasing goods.
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Answered by leilanimuhaimin | 2024-10-01