The economic size-up involves:
A) the relationship between overall economic activity and the industry's performance assessment of the economy.
B) identifying the current business cycle stage.
C) anticipation of the interest rate change.
D) All of the above.
D
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What is the drawback of deposit insurance facility?
A. Even when the DI is in trouble, the deposit holder has no incentive to run. B. DIs are more likely to increase the liquidity risk on their balance sheets. C. Deposit holder's place in line affects his or her ability to obtain their funds. D. Deposit insurance does not deter contagious runs and panics. E. Deposit holders are less likely to panic if there is a perceived bank solvency problem
Explain the distinction between intrinsic and associated value as discussed in this chapter. Use examples
What will be an ideal response?