1. To what extent do payment services efficiently provide benefits to the econom
ID: 1138179 • Letter: 1
Question
1. To what extent do payment services efficiently provide benefits to the economy?
2. Why are FIs among the most regulated sectors in the world? When is the net regulatory burden positive?
3. What are the differences between community banks, regional banks, and money center banks? 8. Contrast the business activities, location, and markets of each of these bank groups.
4. What are the major sources of funds for commercial banks in the United States?
5. How is the landscape for these funds changing and why?
Explanation / Answer
1) Generall there are two important payment services provided by the financial institutions and they providing benefits to the economy in a manner that if any breakdown in these systems would produce gridlock in the payment system and the resulting harmful effects to the economy at both the domestic and potentially the international level.
2) FIs are the most regulated sectors in the world because FIs are required to enhance the efficient operation of the economy. Successful FIs providing payment services to the economy that faciliated trade and wealth .
The net regulatory burden is positive when the need for regulation to minimize social costs may impose private costs to the firms that would not exist without regulation. This additional private cost is defined as a net regulatory burden. To the extent that these additional costs help to avoid negative externalities and to ensure the smooth and efficient operation of the economy ande called as positive net regulatory burden.
3) please upload them again. it against chegg policy.
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