COR JESU COLLEGE

Sacred Heart Avenue, Digos City

Province of Davao del Sur

COLLEGE OF ACCOUNTANCY, BUSINESS & ENTREPRENEURSHIP

Economic Development

Assignment # 7 (Individual Assignment)

The Monetary System of _____________________ (30 points)

Name of student: _______________________________

URL of online source: ____________________________

INSTRUCTIONS:

1. Read Chapter 29 of the PDF of the book – Principles of Economics, 7th Edition by
Gregory Mankiw

2. Choose a country in the continent assigned in your group (not exactly those
countries which were the subject of your past reports). There should be no
duplication of countries.

3. Research online about the country you have chosen particularly:

a. currency used
b. exchange rate of such currency to Philippine peso
c. the amount of money supply – M1, M2, M3 & M4
d. the name of the institution that oversees the banking system and regulates the
money supply
e. monetary policy

4. Submit your answers using this template.

5. Pass the assignment not later than 12 midnight on March 16, 2020 thru your group fb or if
there are other ways to pass it on line, I will txt you before 5 pm tomorrow.