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Which of the following is an example of the function of money as a unit of account? Gold became a popular form of money because
Which of the following is an example of the function of money as a unit of account?
- Gold became a popular form of money because it could be stored for long periods of time without tarnishing or rusting.
- As the use of gold evolved, people would list prices for products in gold.
- During the Great Depression, Americans hoarded gold.
- Pieces of gold were easy to transport and trade for other items.
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