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If Professional Basketball Superstar LeBron James Signed His Jersey and Gave

Question 416

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If professional basketball superstar LeBron James signed his jersey and gave it to you, it would certainly be a valuable asset. Why would this valuable asset not serve as a very good form of money if you took it to a shopping mall, looking to purchase a pair of shoes? Use the three roles of money in your explanation.

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The jersey would not be a very good medi...

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