Answer is in the photo. I can only upload it to a file hosting service. link below!
tinyurl.com/wpazsebu
Answer:
I dont really know what type of anwser your looking for but i hope this helps.
Explanation:
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 about both savings and borrowing opportunities. These financial services help to make the overall economy more efficient.
The fourth question is correct (D).
To understand this answer, one must understand the mechanism of correction of inflationary processes.
Inflation erodes the purchasing power, thus, the elderly with fixed income will be harmed and not beneficiaries in an inflationary process.
<u>The main mechanism to reduce inflation is the interest rate.</u> In this way, when inflation happens, the Federal Reserve raises the interest rate. This makes public bonds profitable and economic agents begin to use money by buying bonds, reducing the circulation of money and consequently lowering inflation.
For banks that have made adjustable rate loans, this will be a good thing, as interest on the contracts will increase along with the increase in the interest rate, which will make the contracts yield more. Therefore, banks will be the biggest beneficiaries. However, this will happen only when the rate is adjustable.
Answer:
The answer is Casey Kasem :)
<u>Answer</u>:
A role of the second continental congress was to (D) Manage the revolutionary war
.
<u>Explanation</u>:
“Second Continental Congress” met after the revolutionary war started. So, they made strategies, raised the armies and made formal treaties to run the states. It was then when they appointed "George Washington" as their commander-in-chief.
“Second Continental Congress” managed the colonial war and working towards America's independence was their major aim. They said that British did not have a legal claim over the colonies. They formed a Continental Army to fight against the British.
