FIs Are Competing Directly with Loan Commitments, One of Their

question 73

Multiple Choice

FIs are competing directly with loan commitments, one of their own OBS products, when they also offer:

• A)Futures contracts.
• B)Swaps.
• C)Standby letters of credit.
• D)Forward contracts.
• E)When-issued trading.

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Definitions:

Structural Unemployment

Occurs when there is a mismatch between the skills that workers offer and the skills demanded by employers, often due to technological changes or shifts in the economy.

Short Spells Of Unemployment

Short spells of unemployment refer to brief periods during which an individual is without a job and actively seeking work.

Frictional Unemployment

Unemployment that occurs when people are in between jobs or are entering the workforce for the first time, typically a temporary condition.

Long Spells Of Unemployment

Extended periods during which an individual is unable to find work despite actively looking for employment.