A monetary item is an economic item very different from the other two basic economic items because of its monetary nature; namely, the unique combination of its attributes during inflation and deflation, some of which are listed below.
A monetary item is an item the change in real value of which is indicated by internal inflation and deflation.
A monetary item´s attributes in combination determine its monetary nature during inflation and deflation.
Attributes of a monetary item during inflation and deflation
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