Problem 3 Come up with an alternative money to currency. Remember, currency is cash. Do not use any of the other forms of money, such as checks,…

Problem 3Come up with an alternative money to currency. Remember, currency is cash. Do not use any of the other forms of money, such as checks, debit cards, etc. (Also, please do not use precious metals or jewels). Justify your selection using the three characteristics of money.

Petrol or crude oil shares can be alternative money to currency. The selection is appropriateand can be justified using the three characteristics of money. These shares are homogenous,easy to…