Answer:
In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
Explanation:
Sail North at the Black Sea trade path could be used to get from Constantinople to Hamburg.
Trade is defined as the general marketplace of purchasing and promoting items, the way you are making a reside or the act of changing or buying and selling something. An instance of trade is the tea exchange where tea is imported from China and purchased within the US. An example of trade is while you paint in sales.
Trade is valuable to ending global poverty. countries that might be open to international exchange tend to grow faster, innovate, improve productiveness and provide better earnings and extra opportunities to their humans. The open change also benefits decrease-profits families via presenting clients extra less expensive items and services.
Trading method shopping for and promoting a batch of securities within an afternoon, or even inside seconds. It has nothing to do with investing in the conventional experience. it's far exploiting the inevitable up-and-down fee movements that arise throughout a trading session.
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1. What is the difference between currency and the money supply?
Currency is the type of money being used (for example the Japanese Yen or the American Dollar). While money supply is the amount of money in an economy and the money being used.
2. How do banks make profits?
They make profits by giving loans and them collecting with interest.
3. Why might you want a loan to start a business?
One might want a loan to start a business because not every person has large amounts of money to start and maintain a business, so many will go to a bank to start-up.
4. What is the Federal Reserve?
The Federal Reserve is the central banking system of the United States.
Answer:
The answer is D, all of above.