ECON 3

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Assignment3ECON-201.docx

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College of Administrative and Financial Sciences

Assignment 3

Deadline: 23/11/2019 @ 23:59

Course Name: Macroeconomics

Student’s Name:

Course Code: ECON201

Student’s ID Number:

Semester: I

CRN:

Academic Year: 1440/1441 H

For Instructor’s Use only

Instructor’s Name:

Students’ Grade: /30

Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY

· The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

· Assignments submitted through email will not be accepted.

· Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

· Students must mention question number clearly in their answer.

· Late submission will NOT be accepted.

· Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

· All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

· Submissions without this cover page will NOT be accepted.

Assignment Question(s): (Marks:30)

Q. 1. How does Financial System Coordinate Saving and Investment? Explain in detail. [10 Marks]

Q. 2. Discuss role play by Bank in the monetary system? How do bank create money?

[10 Marks]

Q. 3. Analyze and create T-account balance sheets. [10 Marks]

Answer: