8. What are the different types of financial institutions? Include a description of the main services offered by each. ( LG15 ) 9. How would economic transactions between suppliers of funds (e.g., households) and users of funds (e.g., corporations) occur in a world without FIs? (LG 1-6 10. Why would a world limited to the direct transfer of funds from suppliers of funds to users of funds likely result in quite low levels of fund flows? (LG 1-6 ) 11. How do FIs reduce monitoring costs associated with the flow of funds from fund suppliers to fund investors? (LG 1-6 ) 12. How do FIs alleviate the problem of liquidity and price risk faced by investors wishing to invest in securities of corporations? (LG 1-6) 13. How do financial institutions help individuals diversify their portfolio risks? Which financial institution is best able to achieve this goal? (LG 1-6 ) 14. What is meant by maturity intermediation? (L L 1-6 C) 15. What is meant by denomination intermediation? (LG 1-6 ) 16. What other services do FIs provide to the financial system? (LG 1-6 ) 17. What types of risks do FIs face? (LG 1-7 ) 18. Why are FIs regulated? (LG 1-8 19. What events resulted in banks' shift from the traditional banking model of originate-and-hold to a model of originate-anddistribute? (LG 1-6 , LG 1-7 , LG 1-8 ) 20. How did the boom in the housing market in the early and mid-2000s exacerbate FIs' transition away from their role as 21. What countries have the most international debt securities outstanding? (LG 1-9 L) 22. What countries have the largest commercial banks? (LG 1-9 )