Why do you think the financial system has become more globally integrated over time Can you think of any downside to this increased integration If offered the choice of receiving $1,000 today or $1,000 in one years time, which option would you choose, and why Suppose financial institutions didnt exist but you urgently needed a loan Where would you most likely get this loan Using Core Principles, identify an advantage and a disadvantage this arrangement might have over borrowing from a financial institution ( LO2 ) 4 You are the owner of a small sandwich shop A buyer may offer one of several payment methods cash, a check drawn on a bank, a credit card, or a debit card Which of these is the least costly for you Explain why the others are more expensive

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Question: Why do you think the financial system has become more globally integrated over time? Can you think of any downside to this increased integration? If

Why do you think the financial system has become more globally integrated over time? Can you think of any downside to this increased integration?

If offered the choice of receiving $1,000 today or $1,000 in one years time, which option would you choose, and why?

Suppose financial institutions didnt exist but you urgently needed a loan. Where would you most likely get this loan? Using Core Principles, identify an advantage and a disadvantage this arrangement might have over borrowing from a financial institution. (LO2)

4. You are the owner of a small sandwich shop. A buyer may offer one of several payment methods: cash, a check drawn on a bank, a credit card, or a debit card. Which of these is the least costly for you? Explain why the others are more expensive.

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