Why is simply counting currency an inadequate measure of money?

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The Economics of Money Banking and Financial Markets

ISBN: 978-0133836790

11th edition

Authors: Frederic S. Mishkin

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Question Posted: Nov 03, 2017 03:55 AM

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Why is simply counting currency an inadequate measure of money?

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Since a lot of other assets have liquidity properties that are similar to cu...View the full answer

The Economics of Money Banking and Financial Markets

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