The recent financial crisis highlighted,in retrospect,how heavily households and businesses had come to rely on FIs to act as specialists in

Question

Quizplus · Accepted Answer

The options mentioned in A, C, and D may be important roles played by FIs, but they are not directly related to risk measurement and management which is highlighted as a key function of FIs during the recent financial crisis. The crisis showed the importance of having FIs that specialize in assessing and managing risk, as their expertise can help prevent and mitigate the impact of financial collapses.

The Recent Financial Crisis Highlighted,in Retrospect,how Heavily Households and Businesses