HELP PLEASE Answer each of the following questions in complete sentences.
Banks are businesses. Like other banks, they seek profit. How do they earn profit?

Why might an individual want to use a bank? Give an example of why a person would use a bank.

Why might a business want to use a bank? Give an example of why a business owner would use a bank.

What is the Federal Reserve?

The money supply is the total amount of money available in the economy. How do changes in the money supply affect people and businesses?

How does banking affect the money supply?

What would happen if banking didn’t exist?

1. Why might an individual want to use a bank? Give an example of why a person would use a bank.

A person who might not be able to pay some bills might go to a bank and take out a loan or might use a checking account to store money.

2. Why might a business want to use a bank? Give an example of why a business owner would use a bank.

A business might use a bank to take out a loan.

3. What is the Federal Reserve?

The Federal Reserve is the central banking system of the United States.

4.  How does banking affect the money supply?

Banking affects the money supply by interacting with the economy by giving loans and taking interest.

5. What would happen if banking didn’t exist?

Banks allow the population to store their money in a safe way, without banks people would have to go back to a bartering system.

the supreme court plays a big role in government. the constitution gives them ability to check the president and the congresses actions and dictate if their actions are allowed by the constitution or not.

hope this .

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.