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JAMB - Commerce (2007 - No. 39)

The function of money that facilitates the comparison of the quality of goods as a basis of exchange is the?
unit of account
measure of value
store of value
medium of exchange

Paliwanag

Money as a measure of value allows the values of different goods and services to be compared, also referred to as a unit of value. For instance, the value of gold and that of silver is determined by the value of money placed on it.

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