Medium of exchange unit of account store of value near-money

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Suppose a group of people decided to create their own economic system with cartons of milk serving as money. If we decided to use this “liquid asset” as our medium of exchange, and all prices were measured in cartons of milk, milk would still not be a good form of money because it would not be a good ________. medium of exchange unit of account store of value near-money

Reference no: EM13982345

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