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Distinguish investment banks from commercial banks,
and identify the three major types of investment banks.
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- When the Bank of Canada sells a Canadian government bond, what are the effects on the volume of loans issued by the banking system and on investment? a. The volume of loans issued by the banking system increases, and investment tends to increase. b. The volume of loans issued by the banking system increases, and investment tends to decrease. c. The volume of loans issued by the banking system decreases, and investment tends to increase. d. The volume of loans issued by the banking system decreases, and investment tends to decrease.The following are correct about financial intermediaries, EXCEPT? *A. Financial intermediaries are non-profit institutions which aims to help those in need of funds.B. None of the choices.C. Financial intermediaries collect interest rates from borrowers of funds.D. Financial intermediaries offer varying interest rates, and there is no such thing as a standard interest rate.E. Financial intermediaries conducts background to borrowers before granting loans.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
- If a commercial bank were to borrow funds from the ECB, in terms of a loan, how would this affect the commercial bank's balance sheet? Would there be a change on only the liability side or a change on both assets and liabilities?___________ Refers to the sale and purchase of government and other approved securities by the central bank in capital and money market One wordIdentify several different types of financial institutions, and describe the main services these institutions offer
- 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 the importance of “central bank independence”, discussing its advantages and disadvantages