Please help 35. (American Money LO 4 MC)Which statement best explains the difference between a bank and a credit union? (1 point)

Both provide loans and checking or savings accounts, but banks collect interest from loans while credit unions offer interest-free loans only.

A bank provides a full range of banking services, but a credit union is limited to checking and savings accounts only.

Banks must follow the guidelines of the Federal Reserve, but credit unions are not required to do so.

Both provide banking services such as loans, checking accounts, and savings accounts, but a bank is privately owned and a credit union is owned by its members.

36. (American Money LO 4 MC)How do loans affect the economy? (1 point)

Loaning money to a company increases the company's profit, which drives their stock prices up.

Loans take money out of circulation, decreasing the money supply and avoiding inflation.

Loans to businesses allow them to expand and hire workers, while loans to individuals allow them to buy goods and services.

Loans make banks richer in the long run so that they can lower their interest rates.

An artist entered into a written agreement to sell a patron a partially finished painting once it was complete. the patron later learned that the artist planned to sell the painting to a third party who offered to pay the artist more than the contract price. the patron filed suit to compel the artist to sell the painting to her in accord with the terms of their agreement, while the artist denied that the painting the artist planned to sell to the third party was the subject of the agreement with the patron. at trial, the patron did not introduce the written agreement or explain its absence. rather, the patron sought to testify that, when she signed the agreement, the artist had pointed to the painting in question and stated that it was the patron’s painting. the artist’s attorney objected to the testimony that the artist identified the painting as belonging to the patron. how should the court rule? asustain the objection, because the artist’s statement was hearsay. bsustain the objection, because the patron failed to produce the written agreement or explain its absence. coverrule the objection, because the statement is not hearsay. doverrule the objection, because the statement was relevant.

Which idea is central to democracy in the united states? everyone has an equal right to consumer goods. people should not compromise to settle differences. the minority has authority over the majority. freedom must be balanced with respect for the law.

Japan’s key exports to africa and southwest asia are mostly a) raw materials. b) human capital. c) manufactured items. d) agricultural products.