本帖由 朝露如我降人间 于 2005-03-25 发布。版面名称：渥太华大学
哈哈，仁兄真得?。另外，the velocity of money = nominal GDP / M1
请问第8题的annual averages 和annual growth的计算公式是什么啊？我哭死～
annual average是用四?季度的?值之和除以四，annual growth是用（新的?去沛的）/沛的
a) 70 banks exist in Canada.
b) 3 categorise of banks are there in Canada.
c) These categorise are domestic banks, foreign bank subsidiaries and foreign bank branches.
d) Domestic bank: they offer a full range of banking, investment and financial services. They have extensive, nation-wide distribution networks and also are active in the United States, Latin America, the Caribbean, Asia and other parts of the world. The halves of their earnings are generated outside of Canada.
Foreign bank subsidiary: the bank the majority of whose stock is owned by another bank and the parent bank through a subsidiary, representative office or branch of the parent bank.
Foreign bank branch: it is like to
The banking industry includes 19 domestic banks, 29 foreign bank subsidiaries, 22 foreign bank branches operating in Canada.
a) Assets Liabilities
Reserves 200 Deposits 2,000
Loans 1,000 Other liabilities 500
Other assets 1,300 _____
Total 2,500 Total 2,500
b) Bank’s reserve ratio:
c) Deposit multiplier:
1/Desired reserve ratio
5a. The balance sheet has the following assets: Reserves, $250 million; Loans, $1,000 million; Other assets, $1,250 million. It has the following liabilities: Deposits, $2,000 million; Other liabilities, $500 million.
5b. The reserve ratio is 12.5 percent. The reserve ratio is the percentage of deposits that are held as reserves. Reserves are $250 million and deposits are $2,000 million, so the reserve ratio is 12.5 percent.
5c. The deposit multiplier is 8. The deposit multiplier equals 1/(desired reserve ratio). The desired reserve ratio is 12.5, so the deposit multiplier is 8.
?铨是呃?:Also reproduce on sheet Ex10 the qpproach used in Figure 25.3 to show the change in reserves, loans and deposits over 20 iterations.