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

A house with a sunken living room and shag carpet would most likely have been built in the: a 1930s. b 1950s. c 1970s. d 1990s.

Answers

Answer:

Answer (c)

Explanation:

A house with a sunken living room and shag carpet would most likely have been built in the 1970s.

Thus, the correct option is C.

What is a sunken living room?

An architectural design element known as a conversation pit includes built-in seating into a low area of flooring inside a larger space. A table is frequently located in the middle of this space.

A sunken living room was one solution architects discovered to separate living spaces in a home without walls. The living room may be higher and more spacious without altering the roof line by sinking it a few feet below the other rooms in the house.

Although sunken rooms are less common today, the design has recently come back into fashion. It's possible that when you bought your house, a sunken room was already there. Or perhaps you're seeking for a distinctive design element for your new home.

In contrast to free-standing tables and chairs, the seats often face each other in a centrally focused manner, bringing the occupants closer together.

In domestic architecture, this proximity makes it easier for people to converse comfortably, host dinner parties, and play board games.

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Why do some plants eat meat?
Group of answer choices

to make their color brighter

because they can’t conduct photosynthesis

because the soil they grow in lacks nutrients

to make their leaves larger PLEASE I NEED HELPPP

Answers

Answer: To make their leaves bigger

Explanation:

PLEASE HELP ASAP!!

Select ALL the correct answers

Which two factors led to Latin Arnerican revolutions?

A.
the successful French Revolution

B.
the inwasion of Spain by the French

C.
the invasion of North America by England

D.
the successful Spanish Revolution

Answers

Answer:

The successful French Revolution and the successful Spanish Revolution.

I Hope its right if not so advance sorry :)

Which power is specifically reserved for the states rather than the federal government?
A. the power to amend state constitutions
B. the power to sign treaties
C. the power to issue licenses
D. the power to regulate all business

Answers

Answer:

B. the power to sign treaties

Explanation:

causas internas de la independencia de los paise latinoamericanos

Answers

Answer:

cant understand your language

Explanation:

type it in English

Where is Guantanamo Bay located?

Answers

Guantánamo Bay detention camp, also called Gitmo, U.S. detention facility on the Guantánamo Bay Naval Base, located on the coast of Guantánamo Bay in southeastern Cuba.

Answer:

It is located on the southern-eastern end of Cuba.

Explanation:

during the 1800’s what industry hired women as switched operators

Answers

Answer:

factory workers

Explanation:

What do you use a telescope for?
A. Van Gogh
B. Rick Astley
C. Adolf Hitler
D. Hans Lipperhey

Answers

Answer:

obviously van gogh i mean?

Answer:

A. Van Gogh I believe.. He made the Starry night and I believe for that you need a telescope lol.. the answer is A. Van Gogh

1. How do technology use science knowledge?​

Answers

Technology uses science to solve problems, and science uses technology to make new discoveries. Scientific knowledge is used to create new technologies such as the space telescope. New technologies often allow scientists to explore nature in new ways.

ấn độ nằm ở khu vực nào trên thế giới

Answers

Answer:

What is that??? I don't understand

Why were women in Wyoming first to achieve suffrage?

Answers

Answer:

they recognized the role played by women in border settlements, others only to strengthen the conservative voting force, and another part was that people hoped more women would come to settle there since they got voting rights

Which factors slowed the progress of the abolition movement in the United States?
A. no significant abolitionist writers or speakers emerged in the United States.
B. The abolishing slavery in the United States was left up to individual state governments.
C. US citizens were largely hostile to any ideas associated with the enlightenment.
D. Conflicts over slavery in the United States resulted in violence on a nationwide scale.

Answers

The correct answer is D) Conflicts over slavery in the United States resulted in violence on a nationwide scale.

The factor that slowed the progress of the abolition movement in the United States was "Conflicts over slavery in the United States resulted in violence on a nationwide scale."

Truly speaking, the nations started to divide more and more in those years because of the issue of slavery. Northerners heavily supported abolitionism while southerners were in favor of slaves because they depended so much on slaves to produce the kinds of crops they need to grow in the large southern plantations.

What helped spark a major abolitionist movement in the 1820s was the Second Great Awakening.

The beginning of the 1800s represented a moment in the history of the United States where the Protestant religious movement lived a moment of expansion that some historians called "revival." It was the Second Great Awakening that started approximately in 1790 and ended in 1840.

Explain the effects of the Russian (Bolshevik) Revolution on American society

Answers

Answer:

"The Russian Revolution paved the way for the rise of communism as an influential political belief system around the world."

Explanation:

hope this helped

The effects of the Russian (Bolshevik) Revolution on American society were: an anti-Soviet attitude in America. The Soviet's had anti-capitalism ideals, that created a hostility that would remain strong even till date.

What is Revolution?

A revolution is a process or an action for change in the society. A change against the established order, like the established government and social institutions.

In revolutions people organized movements aimed at effecting change like economic change, technological change, political change, or social change. The people who start revolutions have

Revolutions are born when the social or political condition or climate in a country is not working according to the need of the people. People become discouraged by existing conditions, which alters their values and beliefs.

The Russian (Bolshevik) Revolution  happened due to the situation in the country which was negatively impacting the people, so people started revolting.

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Cities are shown with different-sized dots and letters. These sizes tell which cities are larger. Look at the cities on the West Coast of the United States. Is Los Angeles larger or smaller than San Francisco?

Answers

San Francisco is larger than Los Angeles.

What activities were popular at the turn of the twentieth century?

going to the movies
attending a baseball game
watching television
going to the amusement park

Answers

Answer:

attending a baseball game

hope it helps

please mark Brainliest

Answer:

going to the movies

baseball game

amusement park

Explanation:yes

Mini reform movement spring up in the 1800s. Which eventually resulted in a woman's right to vote?

A. Abolitionist movement

B. Temperance movement

C. Pioneer movement

D. Suffrage movement

Answers

C is the answer pioneer movement will be the answer for mini reform movement sprung up in the 1800

Answer:

Suffrage Movement

Explanation:

Question 1 of 10
What was the position of the United States government toward secession?
A. The United States wanted to negotiate a treaty with states leaving
the Union.
B. The Constitution said that the states were joined forever.
C. The Constitution said that states leaving the Union must pay for
land.
D. The United States offered to withdraw troops from states leaving
the Union.
SUBMIT

Answers

Answer:

I think your answer would be A hope that helps you

Explanation:

Examine the diagram of the cell cycle.
Which label identifies the step labeled W?

Answers

Answer:

I don't see the diagram so what you have to do is add an picture to this post

Answer:

Mmmmmm......yeahhhh :-P

PLEASE HELP!!
How do women's rights relate to losse construction and originalism?
( A small paragraph is fine please help :) )

Answers

In the context of United States law, originalism is a concept regarding the interpretation of the Constitution that asserts that all statements in the constitution must be interpreted based on the original understanding "at the time it was adopted

President Ronald Reagan's foreign policy was based on achieving which of
the following goals?
O A. Forming alliances with moderate communist organizations
O B. Reducing American commitments abroad to reduce military
spending
O C. Ensuring that the U.S. military was larger than the Soviet military
O D. Reducing support for Israel to gain support from Middle Eastern
Arabs

Answers

Answer:

C.  Ensuring that the U.S. military was larger than the Soviet military

Explanation:

President Ronald Reagan's foreign policy was set to C. Ensure that the U.S. military was larger than the Soviet military.

What is foreign policy?

foreign policy serves as general objectives which direct the activities and relationships of a county in relation with another country.

Therefore, one of the President Ronald Reagan's foreign policy is to achieve a big military set up so as to withstand any nation in the world.

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Which of the following principles do anarchists espouse?


A workers' republic in which the proletariat owns the means of production

A stateless society based on voluntary associations

A federation of states bound together for mutual security and trade

A classless society in which all have equal access to education and prosperity

Answers

Answer:

I think it's B.

Explanation:

A is just an example of communism, as is D. C is just limited government. B is the best answer because it emphasizes that they believe in no government at all (hence, "stateless").

Hope this helps.

Can anyone let me use their Brainly acc for the week. i am almost done with school and brainly patched the cookies glitch. Please, Someone helppppp

Answers

Answer:Yes you can use mine!

Explanation:

It is okay to use mine if you would like.

Which of the following characteristics is MOST LIKELY to be true of agribusiness?

A. The percentage of the workforce involved in agricultural activities is higher than the percentage of the workforce involved in other economic industries.
B. Farmers rely on high levels of mechanization, such as harvesters and plows, to care for their crops.
C. The average farm size is small in relation to the high amounts of agricultural products grown on the land.
D. Farmers do not often produce agricultural surpluses, and their yields mainly benefit the local populations.
E. Farmer's markets are the largest contributor to the economic growth of agribusiness.

Answers

Answer:

i think the answer is Farmers rely on high levels of mechanization, such as harvesters and plows, to care for their crops.

Explanation:

B

Answer:- Option C is correct

All interactions between people of different racial or ethnic backgrounds result in negative consequences. T F

Answers

False there are many interactions that end up being positive

Answer: F Is the answer

How did the decisions made at the Berlin Conference affect the people of Africa?

Answers

The people were enslaved by the imperial forces on their own native land, the land was stripped of its natural resources, cultural practices in Africa were disrupted due to the Berlin conference civilizing the distribution of African land between European powers

What lessons can the United States learn from the example of Cameroonian democracy?

Answers

Answer:

I don't understand the question

Which Greek philosophers passed on legacies of knowledge and inquiry that shaped future political, ethical, and social ideas? Select all that apply.

A. Euripides
B. Aristotle
C. Socrates
D. Thucydides
E. Hippocrates
F. Plato

Answers

Answer:

Socrates because we use a bunch of his methods for example of most commonly known one is called the Socratic method

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

Answers

i am turkish too…………

The numerous near-wars and diplomatic crises of the United States in the late 1880s and 1890s demonstrated a the hostile reaction to American expansionism. b that other nations were jealous of American power. c how weak America seemed to the rest of the world. d the failure of the Monroe Doctrine. e the aggressive new national mood.

Answers

Answer:

e. the aggressive new national mood.

Explanation:

The numerous near-wars and diplomatic crises of the United States of America in the late 1880s and 1890s demonstrated the aggressive new national mood.

During the late 1880s and 1890s, the United States of America was mainly tensed up and aggressive towards other nations such as the Great Britain, India, etc. Thus, it took the actions of reasonable leaders (Presidents) to avert such near-wars and diplomatic crises in the United States of America.

The constitution of 1812 of Spain made all of the following provisions except:

A) allowing for freedom of religion
B) allowing for freedom of the press
C) re-establishing a hereditary monarchy
D) establishing three branches of government

Answers

Answer: D

Explanation: i think im not sure srry if its wrong :)

When a new constitution was made in 1812 in Spain, it did not make a provision for A) allowing for freedom of religion.

What did the Constitution of 1812 call for?

The new constitution did not allow for religious freedom because it made Roman Catholicism as the main religion.

It did however allow for freedom of speech and the press as well as three branches of government.

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