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    Macroeconomics Principles Study Set 1
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    Exam 11: Saving, Investment, and the Financial System
  5. Question
    What Are the Conditions for a Commodity to Serve as Money
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What Are the Conditions for a Commodity to Serve as Money

Question 180

Question 180

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What are the conditions for a commodity to serve as money in a modern economy?

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First, its value must be easy to determi...

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