1. (2 points) In your own words, can you give at least three examples for the sources and uses of liquidity for a depository institution (i.e., three examples for the sources of liquidity, and three examples for the uses of liquidity)?

2. (2 points) What is liquidity planning? In your own words, what are the key components in order to do a good job at liquidity planning?
3. (2 points) What are the bank runs? In your own words, what factors could contribute to bank runs (provide at least three factors)? What role have discount window and deposit insurance played in preventing bank runs? Can they (i.e., discount window and deposit insurance) totally eliminate the risk of bank runs, why or why not?