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What is Definition and Role of Money about?

Money is defined as something that is generally accepted as a means of payment for goods, services, and debts. It acts as a store of value and allows for easier transactions than bartering by providing a common measure of value. Initially in Indonesia, currency was issued by the government, but since 1968 the sole right to print money was given to Bank Indonesia as the central bank.

Author

Lorenzo Da Costa

Language

EN