Answer each of the following questions in complete sentences.


1. Banks are businesses. Like other businesses, they seek profit. How do they earn profit?
2. Why might an individual want to use a bank? Give an example of why a person would use a bank.
3. Why might a business want to use a bank? Give an example of why a business owner would use a bank.
4. What is the Federal Reserve?
5. The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?
6. How does banking affect the money supply?
7. What would happen if banking didn’t exist?

Answers

Answer 1

Answer:

Banks make money from service charges, fees.

Explanation:

Banks make money from service charges, fees as well as earn money from interest they earn by lending out money to other their clients. An individual want to use a bank in order to use its services such as loan as well as saving money. A business want to use a bank in order to take loan money when they need money in the business. Federal Reserve is the central banking system, which conducts national monetary policy, supervising and regulating banks, maintaining financial stability in the country, and providing banking services. The Fed can increase the money supply because of decreasing the reserve requirements for banks.  If banking did not exist because the housing industry adversely affected. People will save their money at home which is very difficult to pay bills.

Answer 2

The way that banks earn profit is through banking fees and interest payments on the loans they give out.

Individuals would use a bank to save their money.

Businesses can use banks to get loans to expand the business.

The Federal Reserve is the central bank of the United States.

When there is more money in supply, businesses and people will have more money to spend on goods and services. The reverse is true.

Banking affects money supply by increasing the amount of money in circulation when they create loans.

What is the purpose of banks?

Banks are very important in the financial system because they make loans which then create money for businesses and people to spend.

Banks are able to make their own profit when they gain interest from the loans they make. Their activities are monitored by the Federal Reserve which is the central banking system of the United States.

Find out more on the Federal Reserve at brainly.com/question/7798250.


Related Questions

All of these are describing what Mesopotamian ruler?



Ruled 2334-2279 BCE
From the city of Akkad
United most of Ancient Mesopotamia
Ruled an empire of many ethnic groups. please help me

Answers

Answer:

sargon of akkad

Explanation:

Which statement best illustrates a debatable argumentative thesis

Answers

Answer: Free trade agreements benefit workers in all countries by reducing the cost of goods.

Explanation: its verified and ive had this question before

please mark brainliest if you found this helpful :)

Answer:

a) The U.S government is not doing enough to protect the world's environment.

hope this helps!

Explanation: A PEX

What is the liberal view of government regulation of social behavior? *

A. They believe certain restrictions of free speech and social behavior is acceptable in
order to help the disadvantaged.
B.They believe the purpose of the government is to control society through legislation.
C. They oppose any government attempt to impose religious or moral beliefs.
D. They support federal funding of religious charities that share their faith.

Answers

Answer:

B They believe the purpose of the government is to control Society though liberation

"in dwelling live close to the ground. in thinking keep to the simple if you realize you have enough then you truly are rich" based on these quotations which description applies to a Daoist in classical china

Answers

Hi. You did not provide any response options. However, when searching for your question on the internet, I was able to find another question exactly like yours, where the answer options were as shown in the attached image below. In that case, I hope the answer below can help you.

Answer:

D. A teacher chooses to live in a small home equipped with bare necessities because that is all that is truly needed to survive and be happy

Explanation:

The statement presented in the question above shows that, according to Taoism, people do not need great wealth and excess objects to be made, or rich. Wealth, in this case, comes in resources sufficient to sustain a person's life, without excesses or exaggerations. An example of this would be seen in a teacher who chose to live in a small house equipped with basic necessities because that is all that is really needed to survive and be happy.

explain the causes of today's migration of people to the outside world(externalization of labour) 12points​

Answers

Answer:

Reasons of migration

Persecution because of one's ethnicity, religion, race, politics or culture can push people to leave their country. A major factor is war, conflict, government persecution or there being a significant risk of them.

Please mark me as the brainliest and thanks

Robert Boyle made the biggest Impact on science by.

Answers

Answer:

discovering that heat was the result of moving particles. This answer has been confirmed as correct and helpful.

Known for his law of gases, Boyle was a 17th-century pioneer of modern chemistry. Every general-chemistry student learns of Robert Boyle (1627–1691) as the person who discovered that the volume of a gas decreases with increasing pressure and vice versa—the famous Boyle's law.

_____MrsRoyal____

What are three disadvantages and three advantages of outsourcing? Is outsourcing good or bad? Why is it good? Why is it bad?

Answers

Answer:

Advantages of Outsourcing

You Get More Experts.  

Things Get Done Fast.  

You're Able to Focus on What Matters.  

You Can Share Some Risk.  

You Can Reduce Costs.  

You Can Work Around the Clock.  

You Can Simplify Project Management.  

You Simplify Work Relationships.

Explanation:

The Pros And Cons Of Outsourcing

You Don't Have To Hire More Employees. When you outsource, you can pay your help as a contractor. ...

Access To A Larger Talent Pool. When hiring an employee, you may only have access to a small, local talent pool. ...

Lower Labor Cost. ...

Lack Of Control. ...

Communication Issues. ...

Problems With Quality

PLS HELP :’) BRAINLIEST!!

Choose two people and explain why the persons you chose were important in America’s fight for independence.

Answers

Answer:

Thomas Jefferson was a one of the most important and prominent figures in American history. He was a founding father who was responsible for writing the Declaration of Independence as well as the third President of the United States.Explanation:

Describe the legacy of the French revolution for the peoples of the world during the nineteenth and twentieth century?​

Answers

Answer:

The ideas of liberty and democratic rights were the most important legacy of the French Revolution. 2 During the nineteenth century, they spread from France into the rest of Europe, where feudal regimes were abolished. 3 The Germans, Italians and Austrians were motivated by this to overthrow their oppressive regimes.

Answer:

The ideas of liberty and democratic rights were the most important legacy of the French Revolution

Explanation:

These spread from France to the rest of Europe during the nineteenth century, where feudal systems were abolished. It inspired the Germans, Italians, and Austrians to overthrow their oppressive regimes

I love KORG PA3X I AM TURKISH................... .............................​

Answers

i am turkish too…………

2. Do you think there are only positive developments in our society? Divide the class into two groups and find out the negative changes or harmful activities of the human for human progress that take place in your society. ​

Answers

Answer:

No, I don't think there are only positive development in our society

How did opponents of civil rights try to prevent major laws from passing?
A. They defeated the laws with a majority
B. They forced a presidential veto.
C. They filibustered to delay voting,
O D. They abstained from voting.

Answers

The answer is C.

They filibustered to delay voting.

Answer:

C

Explanation:

very common tactic used

What does it mean for a social movement to be successful?

Answers

Answer:

When their goals are consistent with the central values of society, have wide popular support, and fit the needs of political leaders.

#SaveManifest
Which is your fav. Manifest character???

Answers

Ben- this dude is always the goat of the show

Which of the following best states Alexander Hamilton’s attitude toward the conflict between Great Britain and France?
He favored neutrality, refusing to support either side.
He favored military action against both France and Great Britain.
He favored the British.
He favored the French.

Answers

Answer:

he favored the british.

Answer:

A - He favored the British.

Explanation:

Alexander Hamilton favored the British in the conflict between Great Britan and France

Write the process of the formation of District Co-ordination Committee.
Answer it fast plz

Answers

[tex]\huge\sf{\underline{\underline{➪Aɴsᴡᴇʀ \: :-}}}[/tex]

Lesson 4.01 help your friend, what can u do for Carlo?

Answers

Be there for him when luve gets rough.

which acadamy was founded in london in 1660 to promote and encourage the works and ideas of scientist

Answers

Answer:

The Royal Society was founded in london in 1660 to promote and encourage..........

Answer:

The Royal Society

Explanation:

The Royal Society was established on the 28th November 1660, at first for philosophers and physicians. Today, it is known as the UK's 'national science academy'.

what was the result of cesar chavez going on a hunger strike to protest conditions for grape pickers

Answers

Answer:

Ceasar Chavez was a very famous activist for farmers in Mexico. Up until that point farmers were treated unfairly, given terrible wages, and worked in dangerous conditions. Chavez decided that he wanted to help, so he started a hunger strike. This brought a lot of attention to the problem and helped the movement gain traction. Eventually, his protest earned the farmers better wages and more livable conditions.

To what period in American history do the following statements apply?

suspicion of Communists, immigrants, and political radicals;
fear of a worldwide Communist revolution;
fear of the demise of the American Capitalist system.
New Deal
Roaring Twenties
Prohibition
Red Scare

Answers

Answer:

prohibition

hope it helps

please mark Brainliest if you think the answer is correct

What helped Lincoln decide to address the issue of slavery in the South?

A.He wanted to antagonize the South.

B.He was angry about recent Union military defeats.

C.He was worried about antislavery sentiment in Europe.

D.He wanted to build a strong base of political supporters.

Answers

What helped Lincoln decide to address the issue of slavery in the South?

Answer:

C. He was worried about antislavery sentiment in Europe.

El hombre es un ser histórico. Somos protagonistas de nuestras vidas. Es la razón mas fuerte que nos separa de los animales mas evolucionados. El que no todos los pensadores actuales sean capaces de entender nuestra realidad y traten de explicar las tendencias animales que poseemos, no invalida nuestra historicidad. De lo anterior podemos decir que: *

Answers

I got you it’s really special to me how you need me to answer your question I’m honored.

Adam Smith talks about two classes of society. What are those two classes, and
what is his argument concerning them?

Answers

Answer:

the bourgeoisie and the proletariat.

Bourgeois : own factories, medias, universities, government, establishments, property

Proletariat are the poor

Explanation:

According to Adam Smith the two classes of people that are in the society are the workers and the capitalists.

This can be likened to the bourgeoisie and the proletariats. The bourgeoisie are the wealthy capitalists that have the power of making the proletariats work for them.

The capitalists are known to exploit the workers. These groups are the owners of the factors of production and the workers have to sell their labor to earn wages.

Read more on https://brainly.com/question/14357678?referrer=searchResults


How was this person viewed by the people in his or her nation? (Nelson Mandela) How do you know what the public opinion
was? You might need to find outside sources to answer this question. List any sources you consulted
along with your answer.

Answers

He is known as Madiba by the people of his nation.

Nelson Mandela received great respect within South Africa, where he is known as by his name, Madiba, which means as the "Father of the Nation". This name is given to Nelson Mandela because of their sacrifices which they given for the welfare of his people so that's why people loved and respect him and considered him as a father of the nation.

https://brainly.com/question/24321493

What is Pope Urban’s solution for the Franks to stop murdering each other? Do you think this is a good solution? Why or why not.

Answers

Answer: He urged the Franks to stop murdering each other, and instead fight the Muslims.

Pope Urban II called for the First Crusade in 1095, aiming to redirect the violence among the Franks by focusing it on a common enemy, the Muslims in the Holy Land.

Who was Pope Urban II?

Pope Urban II was the head of the Catholic Church from 1088 to 1099. He is best known for launching the First Crusade in 1095, calling upon Christians to reclaim Jerusalem and other holy sites from Muslim control in the Holy Land. This event marked a significant historical and religious moment.

Whether it was a good solution is subjective and debated among historians. It did have significant consequences, both positive and negative, shaping medieval history, but opinions vary on its long-term impact and ethical implications.

learn more about Pope Urban II: https://brainly.com/question/196674

#SPJ3

What was the main reason Joseph Stalin created collective farms?

A. Soviet farms were old-fashioned and inefficient

B.Collective farms would create many new jobs

C.Farmland could be turned into industrial land

D.Wasteful crop surpluses would be eliminated

Answers

Answer:

A. Soviet farms were old-fashioned and inefficient

How was the Immigration Act of 1924 a means of fulfilling the desire of some Americans to stop the spread of “undesirables”, and why did they want them stopped?

Answers

Answer:

Immigration Act of 1924

Explanation:

The Immigration Act of 1924 limited the number of immigrants coming into the United States. For the first time, this act limited immigration in the country by establishing a national origin quota system. They tried to reduce immigration because of World War I and the dislike of foreigners particularly from Russia and Eastern Europe. The 1924 act excluded effect on Asian or African immigration.

Senator Meyer Jacobstein argued against immigration limitations in 1924 in a congressional speech. He gave his statement supporting the Constitution, which allowed everyone to be equal in America. According to him, the 1924 Act put specific people in the status of superior and another as inferior.

Answer:

i just need some point

Explanation:

why brainly don't have answers for u.s history sem 2

In the late nineteenth century, a number of people from European countries moved to the United States. The act of moving to one nation from another is called .

Answers

Answer:

migration.

hope it helps :)

Answer:

migration.

Explanation:

why radio mullah puts in so much effort to discourage people from going to school?​

Answers

Answer:

because he didn't like school

Explanation:

who is the prime minister of Eswatini​

Answers

Ben Nsibandze Ben NsibandzeBen Nsibandze

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