Answer:
Banks make a profit from interest rates.
Explanation:
The interest rate is the amount of interest that borrowers pay for the use of money over a period of time. The interest rate is expressed as a percentage of the loan amount.
The main lender is the central bank, which sets an interest rate on the currency it issues, which is the base rate for institutions that borrow from the central bank. Banks that have borrowed from the central bank must take into account the costs involved and the expected profit. For this reason, the bank's interest rate is higher than that of the central bank. The basis for borrowing for individuals and companies is the interest rate set by the bank. Should an individual or company have to sub-lend its loan, the next borrower must follow the interest rate set by the individual or company.
Answer:
C
Explanation:
C. France is the correct answer. In 1882 Germany went to war with France so Germany joined the triple Alliance.
Answer:
Ukrainian culture is a composition of material and spiritual values of Ukrainian people that has formed throughout its history. It is closely intertwined with ethnic studies about ethnic Ukrainians and Ukrainian historiography which is focused on history of Kiev and region around it.
Explanation:
The statement that describes the American public's reaction to the Lend-Lease Act is; Those opposed to U.S. intervention in the war were angered because it bypassed the country's policy of neutrality. The correct answer is D.
Hope It Helps
<span>Every country has its own antiques and treasure; however, some treasures are acclaimed throughout the world.</span>
