Saturday, April 2, 2011

Marcoeconomics (chapter 4)

Definition of money - money is defined as anything that performs the functions of money

Quality of money - acceptability, durability, scarcity, recognizability

Function of money - medium of exchange, measurement of value, store of value, standard of deferred payment

Concepts of money - fiat money, legal tender, token money, commodity money

Money demand - transactionary motive, precautionary motive, speculative motive

Function of commercial bank - accepting deposits from customers, providing loans and advances, providing financial services

Non bank financial institution - financial companies, islamic banks, merchant banks, non bank financial intermediaries, tabung haji

Sekian terima kasih

3 comments:

Misz Nhh_1488 said...

ok lastly,yg masuk hny laa function bnm ngn money..hukhuk...hancussshhh sy punya eco tadi

Misz Nhh_1488 said...

ok lastly,yg masuk hny laa function bnm ngn money..hukhuk...hancussshhh sy punya eco tadi

FarihahLicious said...

kesiannn. ni sape ?