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Assignment on the Role of Macroeconomics

   

Added on  2020-04-13

6 Pages1075 Words49 Views
Running head: Assignment on MacroeconomicsName of the StudentName of the UniversityAuthor Note

1Assignment on MacroeconomicsContents1..................................................................................................................................................22..................................................................................................................................................23..................................................................................................................................................24..................................................................................................................................................25..................................................................................................................................................26..................................................................................................................................................27..................................................................................................................................................28..................................................................................................................................................29..................................................................................................................................................2Reference:..................................................................................................................................5

2Assignment on Macroeconomics1. Answer C) Medium of exchange2. Answer A) Unit of accounting3. Answer D) A house4. Answer D) M2 plus some highly liquid asset5. Answer D) Store of value6. Answer B) Borrowers only7. Answer B) $810 billion8. Answer M2= M1+ saving deposits+ small denomination time deposit + Money marketmutual shares + overnight Eurodollars+ overnight repurchase agreement at commercial banks = $(150+50+10+600)bn = $810bnM2= $(810+ 450+1200+500+20+65) =$3,045bn9. The role on Egyptian banking sector:In recent years, every country around the world faces banking problems that requiresmajor reforms of their banking systems. All these problems are associated with weak bankingadministration and capital deficiency. The Egyptian banking sector has been remarkablyexpanded in the mid-1970s by their famous open door policy (Jreisat and Hassan). The mainobjective of this policy is to promote outward growth with the active incorporation of privatesector into the market. In order to serve this policy, a new law executed in 1975 that defines

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