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.
Hi!
It depends on the situation, but this is typically this is called: Treason
Answer:
France the Netherlands and Spain were some of the countries that helped the early American Colonies
Explanation:
It means to have your own choice in whether or not you want to do it or not