What is a depository institution? What are the main types of depository institutions? What distinguishes them from other intermediaries? Defi ne default risk, asymmetric information, adverse...

What is a depository institution? What are the main types of depository institutions? What distinguishes them from other intermediaries?

Defi ne default risk, asymmetric information, adverse selection, moral hazard, interest rate risk, liquidity risk, and exchange rate risk.