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.
Texans sent the federal government $261 billion<span> in taxes in 2016, and the state government received</span>$39.5 billion<span> in grants in return, or about 15 percent of our total federal tax tab.</span>
A tyrant would say that they are in charge, that there won't be a democracy, and would then possibly arrest or kill the people who are asking.
In this question, there are no options given to choose from. This makes it harder to answer the question accurately. Still i hope my answer satisfies you. The rule of law serves as a long term protection against tyranny and is a foundation of liberty in the United States of America. The rule of law helps to maintain peace within the country.
