This preview shows page 1. Sign up to view the full content.
Unformatted text preview: investment and insurance products along with traditional banking services. In Country B, there are strict limits on branch banking and on the geographical spread of a bank’s business. In addition, banks in Country B are not permitted to offer investment or insurance services. In which country do you think the banking system is more concentrated? In which country do you think the banking system is more competitive? In which country do you think, everything else being equal, banking products are cheaper? Explain each of your choices. Analytical Problem 2 You examine the balance sheet of an insurance company and note that its assets are made up mainly of treasury bills and commercial paper. Is this more likely to be the balance sheet of a property and casualty insurance company or a life insurance company? Explain your answer....
View Full Document
This note was uploaded on 02/12/2012 for the course ECON 101 taught by Professor Abrams during the Spring '11 term at Adams State University.
- Spring '11