Suppose an American tourist visiting Paris, France stops to read a menu posted outside a
restaurant. On the menu the price of each dish is listed in euros. The tourist pauses to mentally
convert the prices into U.S. dollars. After several minutes of consideration he thinks, "No way am I
going to pay $45 to eat at this place." In this situation, the U.S. dollar is performing which of the
following functions of money?
Select one
A. Standard of deferred payment.
B. Store of value.
C. Standard of value.
D. Medium of exchange.
E. Unit of account.