problem about financial, can see and apply this.

1. Name SIN
1. Franklin Runtu 13061103140
2. Thiopiloh melmambessy 13061103154
3. Mutiara Nainggolan 13061103170
4. Vayska Runtuwene 13061103210
5. Reivita Tampati 13061103064
6. Hanna Pangkey 13061103174
7. Chintia Mantiri 13061103128

2.  Money is any object or verifiable record that is
generally accepted as payment for goods and services
and repayment of debts in a particular country or
socio-economic context.
Classically it is said that money acts as a unit of
account, a store of value, and a medium of exchange,
and standard of deferred payment

3. Unit of account
 A unit of account is a standard numerical unit of
measurement of the market value of goods, services,
and other transactions. Also known as a "measure" or
"standard" of relative worth and deferred payment, a
unit of account is a necessary prerequisite for the
formulation of commercial agreements that involve
debt

4. Store of value
 To act as a store of value, a money must be able to be
reliably saved, stored, and retrieved – and be
predictably usable as a medium of exchange when it is
retrieved. The value of the money must also remain
stable over time. Some have argued that inflation, by
reducing the value of money, diminishes the ability of
the money to function as a store of value

5. Medium of exchange
 When money is used to intermediate the exchange of
goods and services, it is performing a function as a
medium of exchange. It thereby avoids the
inefficiencies of a barter system, such as the double
coincidence of wants problem.

6. Standard of deferred payment
 While standard of deferred payment is distinguished
by some texts, particularly older ones, other texts
subsume this under other functions. A "standard of
deferred payment" is an accepted way to settle a debt –
a unit in which debts are denominated, and the status
of money as legal tender, in those jurisdictions which
have this concept, states that it may function for the
discharge of debts. When debts are denominated in
money, the real value of debts may change due to
inflation and deflation, and for sovereign and
international debts via debasement and devaluation.

7.  Most authors find that the first two are nonessential properties
that follow from the third. In fact, other goods are often better
than money at being intertemporal stores of value, since most
monies degrade in value over time through inflation or the
overthrow of governments.
Each country has its own money, or currency, that is used as a
medium of exchange within that country (some countries share a
type of currency, such as the euro used by the European Union).
The currency of one country can be exchanged for the currency
of another via a currency exchange. The current exchange rate
determines how much of one currency must be used to purchase
a specified amount of the other currency. For example, the
exchange rate between the euro and the US dollar may be 1.2596,
where 1 euro can buy 1.2596 US dollars.

8. What Is the Advantages and
Disadvantages of Money?
 Money is a very powerful tool. It has advantages and
disadvantages depending on how you perceive to use
it. One advantage of money is survival. With money,
you can support yourself. Money provides purchasing
power. It is used to buy food, pay the rent or mortgage,
send the children to school, and for medical expenses.
If you do not use the money wisely, there will be
disadvantages. Greed of money, or the lack of it, can
cause someone to want more and will try to get into
illegal activities such as robbery or murder.

9.  Why there are so many people too much time on
working? Why do we have to sacrifice our weekends to
work for extra hours? The most basic reason is for
money. People would do whatever it takes to earn
money as much as possible. They think that having a
lot of money is good. However, in my opinion, there
are both advantages and disadvantages of having a lot
of money.
The advantages of having a lot of money is something
that everyone can easily tell you. When you have
plenty of money, you'll be able to buy whatever you
like.

10.  Having a lot of money will also make you have a happier
life. Although it can't give you health, happiness, love. it
makes you feel good when you wake up every day and don't
have to worry about all the bill you have to pay because you
don't have much money while everything is so expensive.
However, there are always two side of a thing. So is money.
Not many people know clearly the disadvantages of having
a lot of money. Having much money makes you become a
lazy person. Instead of working hard, you'll just spend your
time buying luxuries because you think that you've reached
your biggest purpose: earning a lot of money.

11.  Furthermore, people who have a lot of money will have
a different outlook in life. They'll look down on people
who can't have as much money as they do. This'll lead
to an ever-lasting disagreement between high-class
people and low-class people.
Having a lot of money isn't a bad thing at all, only
when you know how to control it. Therefore, think
carefully before doing anything with your money.

12. Money Movements - Money
Circulation
 In a circle there is no beginning and no end. Once a
bill has been put into circulation it can run around
with no end, no matter what purpose it is being used
for. Let's clarify this in simple models with five
participants:

13.  A purchases from B.- B doesn't need the received money and lends it to
C. - C purchases from D. - D lends it to E, who in turn pays a service he
receives from A. Thus, the rotating bill was used three times for
purchases and twice for lending. If B had not lent out his surplus, then
the following acts would not have been possible. This simple example
shows again the risks, which result from holding money back.

14.  In the next model of circulation the debts get repaid:
A buys from C, who repays his debt to B. - B purchases from E, who
repays his debt to D, who in turn purchases from A. Again the circle is
closed and can start anew at random sequence.

15.  Dalam model berikutnya sirkulasi utang mendapat balasnya: A
membeli dari C, yang melunasi utang kepada B. - pembelian B dari E,
yang melunasi utang kepada D, yang pada gilirannya pembelian dari A.
Lagi lingkaran tertutup dan? bisa mulai lagi pada urutan acak.

16. There are also some company that actually has their own purpose
to manage money from their customers
 A financial institution licensed as a receiver of
deposits. There are two types of banks:
commercial/retail banks and investment banks. In
most countries, banks are regulated by the national
government or central bank. which does most or all of
the following: accept deposits, pay interest, clear
checks, make loans, act as an intermediary in financial
transaction, and provide other financial services to its
customer.

17.  The Western Union Group is the world's
largest international money transfer service provider.
Western Union has several divisions, with products such as
person-to-person money transfer, money orders, business
payments and commercial services. They offered standard
"Cablegrams", as well as more cheerful products such as
Candygrams, Dollygrams, and Melodygrams. Based on 135
years or more of experience in money transfer operations,
Western Union provides an international money transfer
service at about 490,000 locations in 200 countries*1. The
core business is listed on the New York Stock Exchange.

18. Asian Financial Crisis in Indonesia
 The Asian Financial Crisis started on 2 July 1997 when
the Thai government, burdened with a huge foreign
debt, decided to float its baht after currency
speculators had been attacking the country's foreign
exchange reserves. This monetary shift was aimed at
stimulating export revenues but proved to be in vain. It
soon led to a contagion effect in other Asian countries
as foreign investors - who had been pouring money
into the 'Asian Economic Miracle countries' since a
decade prior to 1997 - lost confidence in Asian markets
and dumped Asian currencies and assets as quickly as
possible.

19. The Indonesian Crisis Begins
 Although the Asian region showed worrying signs, foreign
investors initially kept confidence in the Indonesian
technocrats' ability to weather the financial storm (as they
had done before in the 1970s and 1980s). But this time,
however, Indonesia would not get off scot-free. It became
the hardest-hit country because the crisis not only had
economic but also significant and far-reaching political
and social implications.
When pressures on the Indonesian rupiah became too
strong, the currency was set to float freely starting from
August 1997. Soon it began depreciating significantly. By 1
January 1998, the rupiah's nominal value was only 30
percent of what it had been in June 1997.

20.  In the years prior to 1997 many private Indonesian companies
had obtained unhedged, short-term offshore loans in dollars and
this enormous private-sector debt turned out to be a time bomb
waiting to explode. The continuing depreciation of the rupiah
only worsened the situation drastically. Indonesian companies
rushed to buy dollars, thus putting more downward pressure on
the rupiah and exacerbatingthe companies' debt situation. It
was certain that Indonesian companies (including banks; some
of which were known to be very weak) would suffer huge losses.
New foreign exchange supplies were scarce as new loans for
Indonesian companies were not granted by foreign creditors. As
the government of Indonesia was unable to cope with this crisis
it decided to seek financial assistance from the International
Monetary Fund (IMF) in October 1997.

21.  And as we know, money was introduced to societies as
a means of making economic transactions simpler and
more efficient, and it mostly succeeds in that regard.
In some situations, items other than officially
designated currency have been used as money in
various economies.

22. THANK YOU