Respuesta :
The given statement illustrates about the function of money that is a unit of account. Hence, Option B is correct.
To sum up, although money has existed in many different forms throughout history, it has always served the same three purposes: serving as a store of value, a unit of account, and a medium of exchange.
Fiat money is used in modern economies; it is neither a commodity nor is it represented or "backed" by one. People utilise money on a daily basis. They acquire it, use it, and rarely give it much thought.
According to economists, money is any good that is commonly used as the final payment for commodities and services. A token or certificate that can be exchanged for the underlying commodity is known as representative money.
Therefore, Option B is correct.
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The complete question has been attached in text form:
The statement "This Dell laptop costs $1,200" illustrates which function of money?
A) medium of exchange
B) unit of account
C) store of value
D) standard of deferred payment
