The bank pays its depositors 15% per year and gives loans for 50% per

year. What is the planned bank profit at the end of the year? At the beginning

of the year the bank borrows 7.6 million UAH. The deposits interest is payed

once in half a year and is advanced. The loans interest is payed at the end of

the year and is basic. The bank can lent to 70% of borrowed costs. All banks

deposits and loans are for 1 year from 01.01.).

The velocity of money

turnover is 15

turns per base year and GDP is 7,600 billion UAH. Determine the value of

transaction demand for money: a) at the base year; b) at the next year, if the velocity of money turnover

slowdown by 20% and GDP increase by 35%. Determine changes in transaction

demand for money.

Determine the

expected annual index and the rate of inflation at the rate of inflation per

month in a) 8%, and b) 23%.

ECU is an element of the modern European Monetary System