Book
https://open.umn.edu/opentextbooks/BookDetail.aspx?bookId=29 (One paragraph will suffice unless otherwise indicated)
1: Explain the difference between wealth and money
2: What is the difference between Fiat and Commodity Money?
3: Why are regulations so stringent, especially for new banks?
4: Who is Henry Kaufman?
5: What does LIBOR stand for?
6: What is asymmetric information?
7: What is Adverse Selection?
8: What is Moral Hazard?
9: What are the Four Major Functions of (financial market) Regulators?
10: What is the difference between a Primary and Secondary financial market?
