What are the characteristics that something needs to, Econometrics

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What are the characteristics that something needs to

1. What is the difference between commodity money and fiat money?

2. What are the three functions of money? Which function is the most important?

3. What are the characteristics that something needs to possess in order to function as money?

4. What are the components of M1 and M2? List them.

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Econometrics: What are the characteristics that something needs to

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