Author: Dr. John A. Tribble,

Newberry College, Newberry, SC

Source Language: FOCAL

Memory Required: 4K

Special Hardware Required: 4K PDP-8

Abstract: This routine simulates the decision making process of the

commercial banker, a risk-filled and uncertain world where there is

interdependency of bankers' decisions. General data is entered describing

a banking market with five competitors. Each of the five competing banks

enters a level of government securities, an initial net worth, and interest

rates paid on savings accounts, paid on certificates of deposits, and

charged on loans. The program calculates assets and liabilities for each

bank adjusting assets to meet required reserves. The output consists of a

balance sheet for the last day of the decision period and an income

statement for the period.

Media Price Code: D2, G5

Catalog: August 1978