Answer to question 1:
When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.
Answer to question 2:
Commercial banks play an important role in the financial system and the economy. ... They provide specialized financial services, which reduce the cost of obtaining information
Answer to question 3:
Government regulation affects the financial services industry in many ways, but the specific impact depends on the nature of the regulation. Increased regulation means a higher workload for people in financial services.
Answer to question 5:
Adam Smith because he was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment, also known as ''The Father of Economics''.
Answer:
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Step-by-step explanation:
Answer in the attachment.
Answer:
1/4 of a pie
Step-by-step explanation:
2 / 8 = 1/4
