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- In the financial market, what causes a movement along the demand curve? What causes a shift in the demand curve?A bank can make profit by: a)borrowing money from the government at 0% interest. b)giving you a particular interest return on your savings and then loaning out the same money at a lower rate of interest. c)giving you a particular interest return on your savings and then loaning out the same money at a higher rate of interest. d)storing and locking away all the deposits made by consumers.What happens to people when a bank or buisness fails ?
- What are the two factors that determine what borrowing will cost?If you are a banker and expect interest rates to rise inthe future, would you prefer to make short-term loansor long-term loans?Which of the following is true about banks? Select one: a. The interest rate banks charge when they lend is the same they pay for the deposits they receive. b. Banks are financial institutions through which savers can directly provide funds to borrowers. c. Typically, banks receive few but big deposits, which they then use to make many small loans. d. Through the checking accounts they facilitate, banks provide a medium of exchange.
- A successful entrepreneur may need a support of banking institutions and Non- banking financial institutions. Being an entrepreneur, which non- banking financial institutions help is required to run the business smoothly?Would usury laws help or hinder resolution of a shortage in financial markets?Can we prosper without credit and banks? Explain.