Jumat, 18 Desember 2009

The role of money

The role of money

As a means of exchange
Instrument used for measuring the value
Standard means of payment in the future
Means to store wealth or tools to be used as purchasing power

Conditions as the money is

Can be accepted by the public
Stable value
Sufficient numbers
Easy to carry anywhere
Durable and durable

Classification of money is
Money in the form of giral
Money in the form of deposits

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