1) Describe the difference between the three major types of deposits that commercial banks take on: Demand Accounts, NOW Accounts and Negotiable Certificates of Deposit (CDs). How do each of these accounts affect lending at the commercial bank?

2) Explain the BASEL accords and the CAMELS ratings. What role does each play in estimating the risk of commercial banks?

3) What is a credit union? What is a savings institution? What are the major differences between the two types of institutions?

4) What is the main objective of an insurance company and what benefit does it provide to the circular flow as a financial institution