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Money and Banking: Assignment

   

Added on  2020-10-05

13 Pages1772 Words68 Views
Money and banking

Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................12. Data Collection and Display...............................................................................................13. Data Processing and Conclusions.......................................................................................13a. Change in NarrowYC or Broad MoneyYC......................................................................13b. Percentage rate of inflation, π YC based on the CPIYC..................................................23c.Percentage growth rate of real GDP for the sample period...............................................33d. Inflation Rate against Growth in Narrow or Broad Money..............................................43e. Correlation Coefficient based on Broad MoneyYC growth and Inflation Rate (πYC)....43f. Graphical Representation of Real Deposit Rate of Interest..............................................43g. Graphical Representation of Real Loan Rate of Interest..................................................54. Brief Discussion of Singapore............................................................................................55. Learnings Derived..............................................................................................................6CONCLUSION................................................................................................................................6APENDIX........................................................................................................................................9.......................................................................................................................................................10

INTRODUCTIONMoney is nay item as well as verifiable record which is generally accepted as paymentfor goods and services. Along with this, money is utilise for repayment of liability like taxationwithin specific nation or socio-economic (Zwass, 2017). Apart from this, bank is financialinstitution which accept deposits from public and in against of these create credit. Overallactivities taken place within bank sector is known as banking. MAIN BODY2. Data Collection and Display[Covered in Excel Sheet]3. Data Processing and Conclusions3a. Change in NarrowYC or Broad MoneyYCNarrow Money (2006 to 2018):200620072008200920102011201220132014201520162017201800.050.10.150.20.250.00%22.39%18.40%23.47%20.34%16.10%7.75%9.87%3.64%0.14%7.67%6.34%0.43%YearsPercentageChangeIt is the category of money supply which involves all physical money like coins &currency, Demand deposits as well as other liquid assets held by the central bank (Brown,Evangelou and Stix, 2018).Formula for calculating narrow money are as follows :- Narrow moneyYC (M1) = Currency in Circulation + Demand Deposits1

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