“Because diversification is a desirable strategy for avoiding risk, it never makes sense for a bank to specialize inmaking specific types of loans.” Is this statement true,false, or uncertain? Explain your answer

) Explain the difference between: Treasury bills Certificates of deposits Commercial paper  Please answer fast.

Considering an economy with two labor markets – one for agricultural workers and one for manufacturing workers. Suppose there is a Dutch Disease which explains about a major market failure originated in the existence of cheap and abundant natural or human resources that keep overvalued the currency of a country for an undetermined period of time, thus turning non profitable the production of tradable goods using technology in the state-of-the-art. It is an obstacle to growth on the demand side, because it limits investment opportunities. Suppose initially that neither is unionized what will happen to these conditions? a) If manufacturing workers formed a union, what impact would you predict on the wages and employment in manufacturing? b) How would these changes in the manufacturing labor market affect the supply of labor in the market for agricultural workers? c) What would happen to the equilibrium wage and employment in this labor market?

Evaluate the risk issues facing Cashbuild in the South African market and, propose how this risk can be managed effectively.