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Explain how each of the following helps to stabilize the financial system: deposit insurance, capital requirements
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- The importance of the Central Bank in the financial market.b) Please explain the four main functions of the financial system.The main functions of the financial system include: Provide a means of making payments. Prepare to sacrifice some income to avoid uncertainty. Assist borrowing and lending. All of the above
- Identify which item is not one of the six parts of the financial system. a. Credit cards b. Financial institutions c. Central banks d. Financial marketsWhat do you think were the main causes of the Financial Crisis?If many people keep their savings in the piggy banks, it does not help the financial system to function efficiently. *True or False?
- List the main function of investment banks in the financial system?Which of the following is NOT TRUE about Financial Intermediaries? *A. Financial Intermediaries are institutions that serves as a bridge between the SSUs and DSUs.B. Financial Intermediaries makes the financial system more efficient.C. Financial Intermediaries earn profits through various transactions and services they offer.D. Financial Intermediaries offers investment advices.Explain what is the function of the following components in a country's financial system. regulators, commercial banks, investment banks and non-banking intermediaries
