ideological barrier established between the Soviet bloc and westernEurope from 1945 to <span>1990.</span>
The correct answer is C. The federal reserve supervises banks. Though not all banks are supervised by the federal reserve it is better to be.
Full Question:
Which of the following scenarios would most likely result in an increase of a country’s literacy rate?
A. The French stock market crashes horribly.
B. Thailand builds more public and private schools.
C. The gap between the rich and the poor widens in China.
D. Peace negotiations between North Korea and South Korea break down.
Answer:
B. Thailand builds more public and private schools.
Explanation:
There are two main causes of illiteracy that many poor countries experience today :
- Lack of resources (this includes skill teachers, text books, school buildings)
- Even if the resource exist, many of them couldn't afford it.
This is why building more public and private schools could increase the country's literacy rate. The private schools was made to take students from family who can afford to pay for the cost of education. The money will be distributed to the public schools which were targeted toward students who came from poor economic background.
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.
