Contrast the modern construct for fisim with a measure that


Contrast the modern construct for FISIM with a measure that subtracts deposits from the financial sector’s lending to measure value added in the sector. How will these two measures differ in terms of size and sensitivity to risk? Can you give differing views of a world without finance for each to be the proper measure of value added?

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Financial Management: Contrast the modern construct for fisim with a measure that
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