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:

Explanation:

The Federal Reserve System has three primary functions: Managing the nation's monetary policy by overseeing the money supply and adjusting interest rates; Providing and maintaining an effective and efficient payments system between financial institutions; and. Supervising and regulating banking operations.

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

How does the rule of law impact government officials and institutions?

Answers

Answer:

positively

Explanation:

justice is delivered timely by competent,ethical and indipendent representation and neutrals who are accessible,have edequate resources, and reflect the makeup of the communitis they serve

Rule of law, the mechanism, process, institution, practice, or norm that supports the equality of all citizens before the law, secures a nonarbitrary form of government, and more generally prevents the arbitrary use of power.

What role did peasants play in the Japanese feudal system? A. They traded with foreign countries. B. They made political decisions. C. They grew food for the country. D. They were expert warriors.

Answers

A peasant is at pretty much the bottom-most ranks of any society, so they're not going to be trading much between foreign countries or even going to have enough money to join, let alone train to be expert warriors. Political decisions is also out of the question, for obvious reasons, so the answer is C) They grew food for the country.

Answer:

It's C

Explanation:

What is the definition of Per Capita GDP

Answers

Answer:

Per Capita GDP is a metric that breaks down a country's economic output per person and is calculated by dividing the GDP of a country by its population.

Answer:

Per capita gross domestic product (GDP) is a metric that breaks down a country's economic output per person and is calculated by dividing the GDP of a country by its population.

Explanation:

If you don't approve of what Congress is doing, it's your responsibility to do something about it—by voting for better candidates.

Answers

Answer: Elections are one of the power the citizens have over anyone going into political office or those who are in those offices doing well or not.

Explanation:

Elections are one of the power the citizens have over anyone going into political office or those who are in those offices doing well or not. The citizens have the right to vote who they want into power or offices and vote out who they don't want out of the office. Most times elected person's may think they are leaders but they need to understand that they are servant and are called to serve, and do what pleased the masses than what they think is right in their sight and maybe just selfish of them, when they don't do right, they are voted out but when they do, they are voted again into office.

What were the uses of the two mayan calendars?

Answers

Of all the ancient calendar systems, the Maya and other Mesoamerican systems are the most complex and intricate. They used 20-day months, and had two calendar years: the 260-day Sacred Round, or tzolkin, and the 365-day Vague Year, or haab. These two calendars coincided every 52 years.

Answer:

They used 20 day months, and had two calendar years :the 260 day sacred round, or tzolkin ,and the 365 day vague year ,or haab . these two calendars coincided every 52 years . The 52 year period of time was called a "bundle" and meant the same to the Maya as our century does to us.

Why did Churchill favor the use of the atomic bomb?

Answers

Answer:

Bc they liked that it happened? Sorry I’m not to good at this stuff but I’m trying to help. Please don’t report me. I’m just trying to help

Explanation:

Answer:

The use of this barbarous weapon at Hiroshima and Nagasaki was of no material assistance in our war against Japan. The Japanese were already defeated and ready to surrender

Explanation:

In cities like Chicago, the percent of unemployed African-Americans was lower than the general population

Answers

Answer:

False

Explanation:

About 15% of African-Americans are part of labor force in Chicago while the there is 57% of white Americans who are part of the labor force. The percentage of unemployed African-American is higher than the general population of Chicago. There are more chance for white Americans to get the job and being hired.

what is the major quality of a good citizen​

Answers

Answer:

Following the law

Explanation:

Also paying taxes

Mmmm voting!!!???????? Donating!!??

Compare/Contrast Communism v Democracy - Identify and explain in detail two differences between communism and democracy. Which type of government is better? Explain why you believe this.

Difference #1:

Difference #2:

Which is better:

Why is it better:

Answers

Answer:

Communism is ran by the president while a Democracy is ran by the people

Explanation:

Civil rights movement? Where this movement took place

Answers

Answer:Montgomery, Alabama

Explanation:

Answer:

Montgomery to Memphis

Explanation:

Hope this is correct have a great day

why did many romans and jewish people not support jesus?

Answers

Answer:

That is because the didn't believe, they hated his religion and they were idol worshippers

Like the United States, Canada is a developed nation. What does it mean to be a "developed nation?" ?
A. They have free health care.
B. They have a high level of economic development and it economy includes high level technology.
C. Their economy is constantly changing.
They don't have any allies.

Answers

Answer:

B

Explanation:

In terms of development in our known society, things can improve, improvised, or be innovated. Technology is one of our main sources and indeed our most powerful source. It has improved and changed over time and as time passed we developed a new system and adapted to them.

what is the basic purpose of the constitution?

Answers

Answer:

The Constitution's main aim is to give the three branches of the US government a sense of direction. The document defines each branch's separate and combined authorities while leaving each state's rights intact.

Explanation:

Answer: The principal motive of the Constitution is to supply a experience of route to the company of the three branches of the U.S. Government. The draft outlines the person and mixed powers of every department whilst reserving the rights of every person state.

Explanation:

How does OPEC stabilize the oil prices?
Help plz need 100%

Answers

Answer:

d

Explanation:

what are the characterstics of money?​

Answers

Stephan curry and flight are cute

Pollution is a problem in both the United States and Canada. Burning fossil fuels is the main reason for pollution. People in both countries burn fossil fuels to get energy to run homes, cars, and factories. Many people believe that energy with little or no pollution should be used. One such energy is solar energy. It uses sunlight to turn heat into electricity. Another kind is wind energy. Wind is used to move machines that make electricity. Hydroelectric power is another kind of energy that uses falling water to produce electricity7. How are solar energy, wind energy, and hyrdroelectric power alike?
A.They cause little or no pollution.
B.They cannot make electricity.
C.They are the main reason for pollution.
D.They are hard to make.

Answers

Answer:

A. They cause little or no pollution

Explanation:

They are renewable energy sources that extract the energy needed from bi products of nature and do not produce any chemicals,pollution,waste in the process

question 17 need help thanks

Answers

Answer:

C

Explanation:

what steps can we take to prevent extremism from causing harm

Answers

Main things to prevent extremism is to have children having education programs which helps to made them have i good mindset and understand .

What was the main reason why the Crusades happened?

Answers

Answer:The Crusades were a series of military campaigns organised by Christian powers in order to retake Jerusalem and the Holy Land

Explanation:


.................................................

Answers

Answer:

Question?

Explanation:

...

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness; that, to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed; that whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it.

Answers

Answer:

The above statement is known as the PREAMBLE of Declaration of Independence

Explanation:

The Declaration of Independence was made on July 4, 1776, when the 13 American colonies decided to break away under British rule.

The Declaration of Independence is divided into three parts which include Preamble, List of Grievances, and Resolution of Independence.

The Preamble, which is sometimes referred to as Introduction, was made to persuade Americans to support the cause of independence even with their lives, if necessary lives, and to unite them towards the accomplishment of better lives and liberation.

Answer:Read the excerpt from the Declaration of Independence.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government . . .

Which statement best describes the relationship between Jefferson’s diction and his purpose?

Jefferson uses words with neutral connotations to present a claim based on reason and precedent.

Jefferson uses words with positive connotations to praise his listeners for their political activism.

Jefferson uses words with neutral connotations to suggest that there is no urgency to his message.

Jefferson uses words with positive connotations to encourage peaceful relations with Britain.

Correct answer is A

Explanation Just took test 2022

In Hinduism when you hit rock bottom, do you turn into a woman?​

Answers

Answer:

No, I don't think so. Also isn't that offensive to women, like what's wrong with being a woman.

Which fundamental governmental principle is demonstrated by this provision of the Constitution?
O A. checks and balances
OB. separation of powers
C. implied powers
D. federalism

Answers

Answer:

checks and balances

Explanation:

Checks and balances refers to a principle of government that specifies clearly the doctrine that separate arms of government are authorized by the constitution of the country or state to regulate the activities of other arms of government with which they share power.

Checks and balances is a fundamental principle of government across the world.  The arms of government that share power are usually; executive, legislature and judiciary.

Can some one help me with this question its hard :( down below ill give brainliest

Answers

Answer: I think is B

Explanation:

What role did the case of Brown vs the Board of Education Topeka Kansas
have on the Civil Rights movement of the 1950's and 60's?

Answers

Answer:

Brown v. Board of Education of Topeka was a landmark 1954 Supreme Court case in which the justices ruled unanimously that racial segregation of children in public schools was unconstitutional.


Pokok bunga matahari dan pokok padi merupakan tumbuhan berbunga. Nyataka
dan tiga perbezaan antara kedua-dua tumbuhan tersebut.

Answers

tanaman bunga matahari adalah dicot, dan mempunyai urat bercabang dan akar paip sementara tanaman padi adalah monocot, dan mempunyai urat selari dan akar berserabut.

On the map, which colony is the arrow pointing to? (2 points) Thirteen Colonies Atlantic Ocean Key New Encuna dolantes Middle Colches Southern Coin​

Answers

It would be North Carolina



1. Define and describe the human rights violation that you have chosen​

Answers

Answer:

A human rights violation is the disallowance of the freedom of thought and movement to which all humans legally have a right. While individuals can violate these rights, the leadership or government of civilization most often belittles marginalized persons.

XENOPHOBIA

Xenophobia is a stress disease in which encountering immigrants or foreigners causes excessive resistance of fear. Other than the trigger, the indications for xenophobia are very comparable to other stress disorders: conciseness of breath, rapid heart rate, and excessive sweating followed by intense fear or anxiety.

Explanation:

hope this helps you

What is the meaning of rise in the level of taxation by the government due to mixed economic system

Answers

Answer:

One of the main consequences of any mixed economic system is, necessarily, raising taxes in order to finance the greater presence of the government in the economy and the needs of society.

Thus, by actively participating in the economy, both at the micro and macro levels, the government needs greater amounts of money in order to insert it into the different sectors of the economy in which it participates, which is why it requires greater financing, which arises mainly from taxes.

How much more will the average American receive in take-home pay because of this tax cut?

Answers

Answer:

The average American will receive $40 more in take-home pay because of this tax cut.

Explanation:

Other Questions
Using the balanced equation for the next few questions: 4 Fe(s) + 30 (9) - 2Fe2O3(s)How many moles of Iron (11) Oxide would be produced by complete reaction of 0.15moles of iron? (Be sure to show your work including the mole ratio you used) a deep underground cavern contains 2.24 x 10^6 L of methane (CH4) gas at a pressure of 15.0 atm and a temperature of 42 C. How many moles of methane does this natural gas deposit contain? Explain to the people of Westfield what is in their water. how will we write 2 divided by n What THREE things did Aeneas do to help get Rome started? identify the sound device in the title "Substance abuse scare" what does 4(15w) + 90 = A non-governmental not-for-profit university in California charges its students tuition of $10,000,000. However, financial aid grants total $2,200,000. In addition, the school receives a $1,000,000 grant restricted for faculty salaries. Of this amount, $300,000 is spent appropriately this year. On the statement of activities, the school reports three categories: (1) revenues and support, (2) net assets released from restrictions, and (3) expenses. Which of the following is not true?A. In the unrestricted net assets, the revenues and support should total $1.14 million.B. Unrestricted net assets shows the $160,000 as a direct reduction to the tuition revenue balance.C. Unrestricted net assets should recognize expenses of $24,000.D. Unrestricted net assets should show an increase of $24,000 for net assets reclassified. Select the correct answer. Who was the last member of the Stuart line whose death left Britain without a clear successor? OA. George! OB. Queen Anne O C. Charles II OD. Queen Elizabeth 11 , 9 , 7 find the area of triangle What data display would be best for a persons income based on age? 2 Al(s) + Fe2O3(aq) - AlO3(aq) + 2 Fe(s)You react 20.00 grams of aluminum with iron(III) oxide. How many grams of iron should you produce?What is the percent yield if the experimental yield is 32.67 grams of iron? If a bracelet costs $50 and there is a 25% off sale, what is the sale price? Alex collects coins that appreciate (increase in) value. At the store he has found three coins that he likes and can afford. Help Alex decide which coin to buy by selecting two coins and comparing their values over time. 1. Which two coins are you going to compare? Circle the two coins you picked. Coin A Coin B Coin C Finding Equations for the Values 2. What are the current values and appreciation rates of the two coins you selected? (2 points: 1 point for each of 2 coins) Coin Current Value Annual Appreciation Rate 3. Write an exponential equation for each coin that will give the coin's value, V, at any time, t. Use the formula: V(t) = P(1 + r)t, where V(t) is the value of the coin in t years, P is the initial investment, and r is the growth rate. For each of the coins you selected, identify P and r, then set up an equation to find the value of the coin at any t. (2 points: 1 point for each coin) Coin P r Function V(t) = V(t) = Interpreting Exponential Expressions 4. In the coin value formula, V(t) = P(1 + r)t, which part(s) form the base of the exponential function? Which part(s) form the constant, or initial value? Which part(s) form the exponent? (4 points: 1 point for each answer below) Base: Constant, or initial value: Exponent: In this function, if the value of r were to increase, would the value represented by P also increase or stay the same? Why? Explain your answer using terms such as "rate of growth" and "initial value" in the context of the coin problem. 5. Find the value of the coins after 10, 20, 30, and 60 years. Use the function you identified in question 3 to calculate the value. 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Which choice is equivalent to the expression below 5x sqrt2 - 3 sqrt2 + x sqrt2 Keisha has been given a List of 5 bands and asked to place a vote. Her vote must have the names of her favorite and second favorite bands from the list. How many different bands are possible ? Please help me 50 POINTS !!PLEASE HELP !! ILL GIVE BRAINLIEST TO THE RIGHT ANSWERS.