When money functions as a unit of account: a. It provides a common standard by which to compare the value of items b. It transforms perishable goods into money to preserve value c. It is being used as an asset with which to make and receive payments d. It is being used to rally the country around common political goals Suppose you are a portfolio manager that has $1 million invested in U.S. treasuries that were purchased at par value and carry a 1.875% coupon rate with a maturity of 2/15/51. Imagine that you go into work tomorrow and learn that the market has changed and that the general level of interest rates has risen. What would be your likely reaction? Select one: a. You are happy because the value of your treasuries will increase b. You are unhappy because the value of your treasuries will decrease c. You are happy because the interest payments you receive will increase d. You are unhappy because the interest payments you receive will decrease