Brilliant Answer only
· A concept from this week's video, "How the Economic Machine Works," that is important to a non-business person. For example, "Is the Credit Cycle as important now as the Business Cycle was in the past?"
· The Importance of Financial Markets and Financial Intermediaries to a well-functioning economy
· Asymmetric Information
· Money as a Medium of Exchange
· Adverse Selection and Moral Hazard
· Are High-frequency Traders villains or benefactors?
· Importance of a Bank's Balance Sheet
· Why are banks provided a government safety net and, in return, subject to more regulation than most other sectors of the economy?
· Maturity Transformation