ࡱ> 5@ 0Cbjbj22 (XXC.......B""""l2#B@hR%h%h%h%%&&&8@:@:@:@:@:@:@$!BRsD~^@./*&&/*/*^@..h%%s@,,,/*".h%.%8@,/*8@,,,V5@..P6h%TF% t+"Q*5 ;@0@5xD*DP6BB....P6D.d6&E'|,'d%( &&&^@^@BB", BB"Money and Banking, Fall 2008 Economics 320 Lecturer: Niklas Hunter Lecture #: 1032 Office: Sage Hall 2042 E-mail: niklas.hunter@csuci.edu Office hours: M 12:30 2:30pm, T 12:30 2:30pm Class time: Class location: MW 3:00-4:15pm Bell Tower 1302 Mid-term exam: Monday, October 20 (in class) Final exam: Monday, December 8, 4:00-6:00 PM Course website:  HYPERLINK "http://blackboard.csuci.edu" http://blackboard.csuci.edu Required reading: The Economics of Money, Banking and Financial Markets by Frederic S. Mishkin (8th edition, Pearson, Addison, Wesley, 2006) Grading system Your grade for the course is based on homework and exams in the following way: TaskPercent of gradeHomework assignments15Mid term exam 35Final exam 50 Grades for total points from the homework and exams will be assigned according to the following distribution: 90%-100%: A+, A, A- 80%-89%: B+, B, B- 70%-79%: C+, C, C- 60%-69%: D+, D, D- I may also adjust the scores to account for the difficulty of the exams. For example, if few people get a final score above 90% because of difficult exams, then I will give out more As to account for difficultly of the exams. In this case, I typically assign a median (midpoint) grade of a B-/C+. Exams There will be no make-up exams, so if you can not attend class on the day of the midterm or you can not attend the final exam, please do not enroll in this course for a grade. You are welcome to take the course for a pass-fail grade. The mid-term exam will cover all material up to that date. The final exam will concentrate on material after the mid-term exam, but will also include some earlier material. Both exams will include multiple choice questions focused on the lecture notes and assigned reading. Homework assignments Homework assignments must be turned in at the beginning of lecture. Late homework will not be accepted. The assignments will consist of 10 multiple choice problems based on the assigned reading and lecture notes. Course overview This course will study financial institutions and monetary policy in the US. We will consider the role of money, interest rates, and bonds in the economy. We will also study the importance of regulating the banking system, and the tools of monetary policy, and topics in international finance. The course is a mix of theory and applications of theory to real policies and issues. The theory is intended to give you a methodical way to think about important issues in economics (and in real life) and to simplify them so that they are more comprehensible. Learning objectives: At the end of this course, good students will be able to define money and to understand its use to calculate interest rates on bonds to predict how interest rates change in response to outside economic changes to explain how banks use a balance sheet to explain important banking regulations in the US to explain how the Federal Reserve System functions to explain how money is created by banks to explain how the foreign exchange market and aspects of the international financial system work to predict how monetary policy influences inflation, production and employment Cheating Don't cheat. Any case of cheating, including looking at another students test booklet while taking an exam will be referred to Judicial Affairs. Working with fellow students on homework assignments, however, is not cheating and is encouraged. Advice on studying Create your own notebook: print the lecture notes before lecture and write on them during lecture. You will get more out of the lecture if you read the assigned material before it is covered in class. Treat academics as you might athletics: pace yourself throughout the semester, rather than cram before exams. Try to stay healthy and maintain a healthy sleep regimen: the course will be much more enjoyable and you will probably learn more. DateLecture topicAssigned readingHomework assignment25 Aug.Why study money, banking, and financial marketsChapter 127 Aug. Overview of the financial systemChapter 23 Sept.Overview of the financial systemChapter 28 Sept.What is moneyChapter 3Chapter 2 problems due10 Sept.Understanding interest ratesChapter 415 Sept.Understanding interest ratesChapter 417 Sept.The behavior of interest ratesChapter 522 Sept.The behavior of interest rates Chapter 524 Sept.Bank balance sheetsChapter 929 Sept.Bank managementChapter 9 1 Oct.Evolution of bank regulationChapter 10Chapter 9 problems due6 Oct.Evolution of bank regulation Chapter 108 Oct.Analysis of bank regulations Chapter 1113 Oct.Bank failuresChapter 1115 Oct.ReviewChapter 11 problems due20 Oct.Midterm22 Oct.The structure of the Federal Reserve SystemChapter 1227 Oct.Central bank independenceChapter 1229 Oct.Money creationChapter 133 Nov.Money creationChapter 135 Nov.Money creationChapter 14Chapter 13 problems due12 Nov.Money creationChapter 1417 Nov.A model of monetary policy Chapter 1519 Nov.Tools of monetary policyChapter 1524 Nov.Goals of monetary policyChapter 16Chapter 15 problems due26 Nov.Monetary policy, prices and the macroeconomyChapter 161 DecPredicting exchange ratesChapter 173 Dec.Review8 Dec.Final Exam, 4:00-6:00pm This schedule is subject to possible changes. *+3CDSTU_mnozŽŵ||t|tldlhCJaJhx\CJaJhcCJaJhW5CJaJh\>CJaJhYh\>CJaJh `CJaJh-Edh\>CJaJhwhaClCJaJhwCJaJh-EdCJaJhaClCJaJhCJaJh&byCJaJh*xCJaJhDCJaJh-Edh-EdCJaJhCcCJaJ'+DTUo  1 ` a b N p^p`gd1}p7$^p`gd wgdtgdpgdW5gdgd" gdgdaClgd-EdC     % 0 1 8 ? E G Q S T X Y ] _ ` a ʿyqyqyf[Shj9~CJaJhOh-EdCJaJhOhOCJaJhzCJaJhOCJaJhCJaJht2CJaJhtCJaJh4CJaJh ah-EdCJaJh ah{CJaJh\>CJaJhGhTCJaJhaClCJaJhNCJaJh ahwCJaJhVQ!CJaJh ahCcCJaJhpCJaJa b i p q r s t  |peZRJ>hCchCc>*CJaJhdCJaJh7CJaJh>hCJaJh(h>CJaJh(B*CJaJphhZ;h*x0JCJaJ/jhZ;h*x>*B*CJUaJph h>h*x>*B*CJaJphh*x>*B*CJaJph#jh*x>*B*CJUaJphh\>CJaJh-Edh-EdCJaJh1CJaJh{CJaJh-Edhj9~CJaJ ! J K L M N P Q R S \ a b c k    Žxph`hh=CJaJhW5CJaJhBNCJaJhuh[vCCJaJhuh[vCCJaJh[vCCJaJhuh[vC>*CJaJh*x>*CJaJh[vC>*CJaJhRXCJaJh/CJaJhOCJaJhQCJaJh-EdCJaJh1}CJaJhCJaJh/vCJaJhCchCcCJaJ%N O R S b c $$Ifa$gd[vCgd[vC@&gd[vC p^p`gdRX p^p`gd1} p^p`gd l`` $$Ifa$gd[vCkd$$IfT0W\u  t04 apT zz $$Ifa$gd[vCxkd$$IfT0W\u t04 aT   zz $$Ifa$gd[vCxkdr$$IfT0W\u t04 aT   u ||||||||||||gdgd[vCxkd$$IfT0W\u t04 aT   #% Zlqt}yqiqiqyaYyqYhD<CJaJhJCJaJh+CJaJhtCJaJhaClCJaJh[vCCJaJhuh[vC>*CJaJh]P>*CJaJh>*CJaJh1CJaJhp@hCJaJhuhCJaJh\#hCJaJhuh>*CJaJhs@>*CJaJh>*CJaJhCJaJh[vC>*CJaJ ()/01"M]^`gd .gd p^p`gd .gd yegd .@&gd . (7$8$H$gdtgd[vCgdLUv').012<EF~÷ypdYYYh/h .CJaJh/h .>*CJaJh@>*CJaJhBNh .CJaJh-Edh yeCJaJhtCJaJhQCJaJhTyWCJaJh yeCJaJh .CJaJhuh .>*CJaJh .>*䴳ڱ>*䴳䴳8䴳H䴳D<CJaJh&xXCJaJ""$.<LMOYZFGILSTXg|ͽͽͽآͽؗvh+>*CJaJh+CJaJhCJaJh'CJaJh/h'CJaJh/h~%CJaJhCJaJh~%CJaJhshCJaJhQCJaJh/h .CJaJh .CJaJh CJaJh/vCJaJh yeCJaJh;HCJaJ.MGrsu|$$@&Ifa$gdXlgd TRgd+@&gd+]^`gd .]^`gd~%)<LU~qrstuvwûؠumueuZRhg|!CJaJh{GhP87CJaJhXCJaJh7CJaJh{GhXCJaJhXCJaJhHCJaJhs@CJaJhCJaJh CJaJhuh+CJaJhRXCJaJht2CJaJht2ht26CJaJh+>*CJaJhzeh+CJaJh TRCJaJh+CJaJhuh+>*CJaJ|$$@&Ifa$gdXl$$@&Ifa$gdXl$$@&Ifa$gdXl,$@&Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(4'()*+012RS\]^_fgtu~"#,-.ļĬڤļĴhW5CJaJhg|!CJaJh&xXCJaJh pCJaJh{GhP87CJaJh0h&xXCJaJhfqh&xXCJaJhCiCJaJhh&xXCJaJhP87CJaJ@$@&IfgdXl@$@&IfgdXl@$@&IfgdXl@,$@&Ifgd&xXlkd$$Ifl\% > B     t(0%644 lalp(4()$@&IfgdXl$@&IfgdXl$@&IfgdXl)*2,$@&Ifgd&xXl@kdT$$Ifl\% > B  t(0%644 lalp(42S]^$@&Ifgd&xXl@$@&Ifgd&xXl@$Ifgd&xXl@^_g,$@&Ifgd&xXlkd$$Ifl\% > B     t(0%644 lalp(4gu$@&Ifgd&xXl$@&Ifgd&xXl$Ifgd&xXl,$@&Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(4$@&Ifgd&xXl@$@&Ifgd&xXl@$Ifgd&xXl@,$@&Ifgd&xXlkd$$Ifl\% > B     t(0%644 lalp(4$@&Ifgd&xXl$@&Ifgd&xXl$Ifgd&xXl,$@&Ifgd&xXl@kdl$$Ifl\% > B  t(0%644 lalp(4#-.$@&Ifgd&xXl@$@&Ifgd&xXl@$Ifgd&xXl@./8,$@&Ifgd&xXlkd2 $$Ifl\% > B     t(0%644 lalp(4./78WXabcdelm*+,23@CDP\]^_efjsϴ⤴⤴⤴h pCJaJhfCJaJhpCJaJh&xXCJaJhg|!CJaJh0h&xXCJaJhfqh&xXCJaJhCiCJaJhh&xXCJaJhP87CJaJh{GhP87CJaJ<8Xbc$@&Ifgd&xXl$@&Ifgd&xXl$Ifgd&xXlcdm,$@&Ifgd&xXl@kd $$Ifl\% > B  t(0%644 lalp(4m$@&Ifgd&xXl@$Ifgd&xXl@$@&Ifgd&xXl@,$@&Ifgd&xXlkd $$Ifl\% > B     t(0%644 lalp(4$@&Ifgd&xXl$Ifgd&xXl$@&Ifgd&xXl,$@&Ifgd&xXl@kd $$Ifl\% > B  t(0%644 lalp(4$@&Ifgd&xXl@$@&Ifgd&xXl@$@&Ifgd&xXl@$@&Ifgd&xXl@,$@&Ifgd&xXlkdJ $$Ifl\% > B     t(0%644 lalp(4*+$@&Ifgd&xXl$@&Ifgd&xXl$@&Ifgd&xXl+,3,$@&Ifgd&xXl@kd $$Ifl\% > B  t(0%644 lalp(43Q\]$@&Ifgd&xXl@$@&Ifgd&xXl@$@&Ifgd&xXl@]^f,$@&Ifgd&xXlkd $$Ifl\% > B     t(0%644 lalp(4ft$@&Ifgd&xXl$@&Ifgd&xXl$@&Ifgd&xXl,$@&Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(4$@&Ifgd&xXl@$@&Ifgd&xXl@$Ifgd&xXl@(*+23ABLNOUVdeoqrxyǻǨǨǨǨǨǨh th&xXCJaJhfqh&xXCJaJh&xXCJaJh{Gh&xXCJaJhqh&xX5CJaJhh&xXCJaJhP87CJaJht2CJaJh{GhP87CJaJh0h&xXCJaJhF CJaJ9,$@&Ifgd&xXlkdb$$Ifl\% > B     t(0%644 lalp(4Q=)$@&Ifgd~!l@$@&Ifgd&xXl@kd($$Ifl0%S!  t0%644 lalp4$$@&Ifa$gdXl$@&Ifgd~!l@$@&Ifgd~!l@,$@&Ifgd&xXlkd$$Ifl\% > B     t(0%644 lalp(4)*$@&Ifgd~!l$@&Ifgd~!l$@&Ifgd~!l*+3,$@&Ifgd&xXl@kdp$$Ifl\% > B  t(0%644 lalp(43BMN$@&Ifgd~%l@$@&Ifgd~%l@$@&Ifgd~%l@NOV,$@&Ifgd&xXlkd6$$Ifl\% > B     t(0%644 lalp(4Vepq$Ifgd~%l$@&Ifgd~%l$@&Ifgd~%lqry,$@&Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(4y$@&Ifgd~%l@$@&Ifgd~%l@$@&Ifgd~%l@,$@&Ifgd&xXlkd$$Ifl\% > B     t(0%644 lalp(4$@&Ifgd~%l$@&Ifgd~%l$@&Ifgd~%l,$@&Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(4 !+,-./067OYZ[rst{|׼ϱϱϱϓh{Gh9=CJaJhtCJaJh th9=CJaJhfqh9=CJaJhh9=CJaJh9=CJaJh th&xXCJaJhP87CJaJh{GhP87CJaJhfqh&xXCJaJh&xXCJaJhh&xXCJaJ2$@&Ifgd~%l@$@&Ifgd~%l@$@&Ifgd~%l@ ,$@&Ifgd&xXlkdN$$Ifl\% > B     t(0%644 lalp(4 "-.$@&Ifgd~%l$@&Ifgd~%l$@&Ifgd~%l./7,$Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(47P[s$@&Ifgd~%l@$@&Ifgd~%l@$@&Ifgd~%l@st|,$Ifgd&xXlkd$$Ifl\% > B     t(0%644 lalp(4|$@&IfgdJ_l$@&Ifgd~%l$@&Ifgd~%l,$Ifgd&xXl@kd$$Ifl\% > B  t(0%644 lalp(4$@&IfgdJ_l@$Ifgd~%l@$Ifgd~%l@,$Ifgd&xXlkdf$$Ifl\% > B     t(0%644 lalp(4$@&IfgdJ_l$Ifgd~%l$Ifgd~%l,$IfgdXl@kd,$$Ifl\% > B  t(0%644 lalp(4  ChC8UhC8U5\h h{Gh9=CJaJht5CJaJh2"h9=5CJaJh9=5CJaJ CRLL@&gd+kd$$Ifl0%S!   t0%644 lalp4$$Ifa$gdXl@&1h:pb;/ =!"#$%DyK http://blackboard.csuci.eduyK :http://blackboard.csuci.edu/$$If!vh5u5 #vu#v :V   t0,5u5 44 pT$$If!vh5u5 #vu#v :V  t0,5u5 44 T$$If!vh5u5 #vu#v :V  t0,5u5 44 T$$If!vh5u5 #vu#v :V  t0,5u5 44 T$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55S!#v#vS!:Vl  t%655S!al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl     t(%655 5> 5B al$$Ifl!vh55 5> 5B #v#v #v> #vB :Vl  t(%655 5> 5B al$$Ifl!vh55S!#v#vS!:Vl   t%655S!al@@@ NormalCJ_HaJmH sH tH V@V % Heading 3$<@&5CJOJQJ\^JaJDA@D Default Paragraph FontRi@R  Table Normal4 l4a (k(No List0U@0 ,|< Hyperlink>*B*0@0 x\Table Contemporary:V0j%@ j% j% 4<@B*`JphB*`Jph5B*\`JphDOD x\Normal + 11 pt@&CJaJFV@!F x\FollowedHyperlink >*B* phH2H + Balloon TextCJOJQJ^JaJ8@B8 %Header  !aJHP@RH % Body Text 2 7$8$H$ CJ\aJT@b % Block Textm$ Pp$d%d&d'd7$8$H$NOPQ]^pa$5aJ>OAr> %Header 2 !7$8$H$C+DTUo1`abNORSbcu( ) / 0 1  " M G rsu|()*2S]^_gu#-./8Xbcdm*+,3Q\]^ft)*+3BMNOVepqry "-./7P[st|E00p000p0000p000p000p000p00p00p0p00p0p0($0( 0, 0( 0( 0, 0( 0( 0, 0( 0( 0, 00p0p0p0000000p0p0p00p0p0p000p0 p00 p0 p0 p00p0p0p0p0p0p0p0p0p00p0p0p0p000p0<p0<p000<0<p0<( 0<( 0<( 0<( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 00 0 0 0 0 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0( 0( 0, 0( 0( 0, 00a   .C"1AP]N  M|)2^g.8cm+3]f*3NVqy .7s|C !#$%&'()*+,-./023456789:;<=>?@BCDEFGHIJKLMNOQRSTUVWXYZ[\^CsCX8@0(  B S  ? _+_d+_+_d+_+_+_$+_O_P_TP_P_PSHH  E   _JJ E B*urn:schemas-microsoft-com:office:smarttagscountry-region8 *urn:schemas-microsoft-com:office:smarttagstime=*urn:schemas-microsoft-com:office:smarttags PlaceType=*urn:schemas-microsoft-com:office:smarttags PlaceName9 *urn:schemas-microsoft-com:office:smarttagsplace 012151630HourMinute        E $ & O Q I K E3333333333Uo1bPcw2S#-/8X+,\^f+3OVhqr./st|EEniklasX6>Vs.k?TA~uHzTGh^`CJOJQJaJo(hHh^`OJQJ^Jo(hHohpp^p`OJQJo(hHh@ @ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohPP^P`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohpp^p`OJQJo(hHh@ @ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohPP^P`OJQJo(hHh^`CJOJQJaJo(hHh^`OJQJ^Jo(hHohpp^p`OJQJo(hHh@ @ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohPP^P`OJQJo(hHX6~uHs.k?h                 h        hL('Q+`iLi~0H1efqLE F b;(=_Cc;CTq)-NGt%tg4 @ VQ!g|!~!2"gQ$a$ED&4)F*+w+3,&- . 2/11l2t2N3e3(4W5`57o'7P87`7K8'V9D<(h<,|<9=G=Z=> .>C>t+?>@p@'Bg_C[vC7DB8EdG;H,INJjKxKBN4O]Pg Q TRz7SC8UHUuV1SWcWTyWRX&xXoYh[,s\x\]F] _C_ `N`S` bibw.cd-EdMe ye:.g1xgkrhzhli>=j$xj"k(kaClOl~o ppdp s t_v wQwNbw*xy&by>z|)2|j9~"G>%Ij]&8/0ls/@\>sh%^93Xx6,{s@Q]_|4#9^d\#/vYUCi9I_ xH&,;fbuwwO]6NB|)b"[4gtn1}(D aJM\<hb['jTrI0C[Of"utyFzcXG3*Xcu|()*2S]^_gu#-./8Xbcdm*+,3Q\]^ft)*+3BMNOVepqry "-./7P[st|E@X@{C@@UnknownG:Ax Times New Roman5Symbol3& :Cx Arial5& :[`)Tahoma?5 :Cx Courier New;Wingdings"qhWȆ t, &, &$x24d99 3qHX)?Money and banking, Fall 2004twbishopniklas   Oh+'0 , H T ` lxMoney and banking, Fall 2004one twbishop bawbiwbiNormalpniklasp13lMicrosoft Word 10.0@{4@x@-@E$,՜.+,D՜.+,` px   SSDS Laba>& 9A Money and banking, Fall 2004 Title 8@ _PID_HLINKSAthttp://blackboard.csuci.edu/  !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_abcdefghijklmopqrstuvwxyz{|}~Root Entry F`~+Data `t1Tablen EWordDocument(SummaryInformation(DocumentSummaryInformation8CompObjj  FMicrosoft Word Document MSWordDocWord.Document.89q