| 11. | It replaced the Gulden ( worth 60 Kreuzer ) as the chief unit of account.
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| 12. | It is generally assumed that a good unit of account is one that is stable.
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| 13. | All international trade would be denominated in its own unit of account, the proposed bancor.
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| 14. | In economics, a standard unit of account is used for statistical purposes to describe economic activity.
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| 15. | In 1537 it became the smallest Spanish unit of account, the thirty-fourth part of a real.
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| 16. | It would rather be a unit of account used to track international flows of assets and liabilities.
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| 17. | The ecu will therefore offer an attractive alternative as a store of value and unit of account.
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| 18. | A "'gold standard "'is a economic unit of account is based on a fixed quantity of gold.
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| 19. | Unit of measure and unit of account are sometimes treated as synonyms in financial accounting and economics.
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| 20. | The unit of account, he said, might be a commodity standard, leaving central banks out of the equation.
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