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  3. for each of the statement below assess whether the statement...

Question: for each of the statement below assess whether the statement...

Question details

For each of the statement below, assess whether the statement is TRUE,  FALSE or UNCLEAR. Provide an explanation /illustration of why this is the case. Without an explanation  or with an explanation that is off topic, you will receive 0 mark.  

a) Banks are NOT  financial intermediaries.

                                                                        (3 marks) 

b) Finance companies are ADIs.

                                                                        (3 marks) 

c) XX

                                                                        (3 marks) 

d) XX

                                                                        (3 marks)

 

Answer in the box below. The expected length for each answer is  approximately 3 or 4 sentences.

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