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.
B. Christianity
The roman empire persecuted the Christians in horrible ways in front of crowds.
The answer is: most personality traits are inherited or formed at an early age
The traits are formed due to the combination of genetic factors and the environment where people grow up.
We can say that we 'inherit' the traits because genetic can cause the hormone level in our body. This can influence various type of emotion such as the tendency for us to be angry, how easy for us to be depressed , etc.
Environment play a factor through observation and learning. If a kid grow up in an environment where people are constantly do good deeds, that kid has a high likelihood to grow up exhibiting the same behavior.
Answer:
This statement is............
True
.......I'm pretty sure
Monopolistic Competition is the competitive macroenvironment that does many athletic shoe manufacturers, including Nike, new balance, Adidas, and more recently, under armor, which vigorously compete with one another for consumers.
When a large number of businesses provide rival goods or services that are comparable but imperfect alternatives, monopolistic competition exists.
A monopolistic competitive industry has minimal entry requirements, and decisions made by any one firm do not immediately affect those of its rivals. The pricing and marketing choices made by the rival companies serve as their points of differentiation.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and includes businesses with comparable but distinct product offerings.
In monopolistic competition, numerous businesses can enter the market and fight with one another for market share. This prevents one company from controlling the entire industry.
To learn more about Monopolistic Competition refer to:
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