Currency Regimes– Fixed Parity and Target Zone：Currency Regimes– Fixed:Parity and Target Zone;to ±2 percent around the parity. Thus greater scope for discretionarypolicy.

Scope of Financial Statement Analysis：creditorder to form expectations about its future performance and financial position.

Statement of Comprehensive Income：begins with profit or loss from the income statement.

Income Statement – Revenue, Other Income, Expenses：Other,Netprofit= Net income

Income Statement– Minority Interest：at the bottom of the income statement along with the net income attributable to shareholders of the parentcompany.

Income Statement– Operating Profit：and taxes EBIT.

Income Statement– Earnings Per Share：earnings per share is calculated using the weighted-average number of commonor loss attributable to the common shareowners.

Equilibrium GDP and Prices - Recessionary Gap：more pessimistic consumers and businesses:InterestThis suggests the following investment strategy

Equilibrium GDP and Prices - Inflationary Gap：lower taxes:Interestespecially longer-maturity.Raise exposure to speculative fixed-income securities junk bonds.

Calculation of GDP – Income Approach：+,SomeNationalincome=government

Portfolio Expected Return and Variance of Return：= 8112 = 9. Thus:RjB.C.FirstEXY = EXEY

Aggregate Output and Income：The aggregate:incomerentAggregate Expenditure