lowkey heres some short simple answers
1 interest loans
2 in return for keeping their money safe the bank can strike a deal to use ur money and u slowly gain money over time should the money remain in the bank
3 limited liability company or corporation because it helps shield their personal assets from things that might happen in the future
4 The central bank. its there for a flexible and more stable monetary and financial system.
5 it lowers interest rates allowing opportunity for new investments and spending
6 when banks make loans out of excess reserves it increases the money supply
those my half hearted probs wrong answers for you
additional info surrounding Q1 and Q2: The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts
Answer:
try C and if its wrong im sorry yall dont come for me because atleast i tried to help out
Explanation:
The effect of all people in China using the same coins and the same writing system was that the trade became much easier.
Answer: Option B
<u>Explanation:
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Communication is the soul of trade and commerce. The usage of a common writing system in China allowed traders and merchants from across the country to understand the nuances of trade and communicate with each other without much problem, no matter which part of the country the traders came from.
The ease of doing business dispensed by a common writing system allowed the contemporary markets to prosper and grow big enough to attract traders and merchants from all over the world.
Having a common system of coins acted like conventionally accepted currency and made day-to-day business much easier. The value of the coins being predetermined, no problems arose in their exchange of products and services.
