Question: 1 ) Identify and explain the six components of a financial system. ( L 1 ) 2 ) Describe the three main functions of a

1) Identify and explain the six components of a financial system. (L1)
2) Describe the three main functions of a financial market. (L1)
3) If you are offered the choice of receiving $10,000 today or $10,000 in one years time, which option would you choose, explain using the core principle that you have learnt in class. (L1)
4) What crucial role does financial intermediaries perform in an economy? (L2)

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