(Chart 1.) The picture is similar for the dispersion of GDP growth. Before the crisis the dispersion of growth rates was around 2%, in both the euro area and the United States. Dispersion rose somewhat during the crisis in both currency areas but remained broadly in line with pre-crisis patterns overall.15 (Chart 2.)
It gives an introduction on what operational knowledge the general public should know when they use financial products, accept financial services and deal with financial institutions, such as rules and regulations, operational procedures and know-how, and how to identify, prevent and control risks. The third part is about the central bank.