Puslapio vaizdai
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(b) What considerations affect the amount of money that is needed in a country?

(c) What is meant by "Gresham's Law"? Give illustrations.

4. (a) Outline carefully the relations of the Bank of England to the other financial institutions in the country. What are the gains and dangers of the situation?

(b) What are the methods of providing an emergency circulation of (i) the Reichsbank, (ii) the Bank of England, (iii) the Canadian banks?

(c) What is the probable value of the shareholders' audit of Canadian banks?

5. (a) Estimate the value of the following provision of the Federal Reserve Act:

"Federal Reserve notes, obligations of U. S., to be issued to Federal Reserve Banks at the discretion of the Federal Reserve Board in denominations of $5, $10, $20, $50, and $100; redeemable in gold or lawful money at any Federal Reserve Bank and in gold at U. S. Treasury; secured by equal amount of paper accepted for rediscount and by first lien (equally with circulating notes secured by U. S. bonds) on all assets of issuing bank; receivable for all taxes, customs and other public dues."

(b) What are the regulations concerning reserves under Federal Reserve Act?

(c) What will be the effect of the new currency measure in Wall Street?

B.

6. (a) What fundamental economic fact and tendencies would you take into consideration in constructing a chart to forecast business conditions such as Bradstreet's or Department of Labor's?

ing in (i) stocks, (ii) bonds?

(c) Classify and describe the chief kinds of stock issues.

7. (a) What are the main factors to be considered, especially in connection with exchanging securities, in reorganizing a large corporation that has been overcapitalized?

(b) What is the proper basis of capitalization?

(c) Explain the principles involved in dividing the surplus.

8. (a) How are securities marketed?

(b) What are the functions of the promoter?

(c) What is the relation between interest rates and the security market? What part do call loans play on the stock exchange?

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√=3+1

2

2. (a) Find the square root of 3+1

form A+B-1.

in the

(b) Find the rationalizing factor of Va-b.

3. Prove that (1+x)"=1+"C, x+ "C1x2 + ....., n being a positive integer; and shew that

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5. Prove the principle of undetermined coefficients for polynomials.

Show that ar3+3bx2+3cx+d will contain three factors, x+a, x+ß, x+y in A. P., provided a'd-3abc+2b3=0.

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Pn=an Pn-1+Pn−2, In=An In−1 +¶n−2⋅ Find two integers less than 100 whose

N

ratio is as

near

as possible to V2.

7. If un is a polynomial in n, show that

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