NEED DONE ASAP ILL GIVE 25 points AND BRAINLIEST HURRY UP BEFORE 330

Question 1(Multiple Choice Worth 3 points)

The table below lists types of credit.

Types of Credit
Service credit
?
Installment credit
Credit card

Which term best completes the table?

Loan
Interest
Check
Debit

Question 2(Multiple Choice Worth 3 points)

What is credit?
Money paid to a bank or other financial institution to open an account
Money paid to the U.S. Treasury or Federal Reserve Bank to support the government
An arrangement where a buyer obtains a good or service and pays for it all at once
An arrangement where a buyer obtains a good or service but pays for it later or over time

Question 3(Multiple Choice Worth 3 points)

Which of the following makes a true statement about the relationship between government and financial institutions?
Government and financial institutions do not interact with each other.
Financial institutions like the U.S. Treasury must approve increases in the government deficit.
Government can pass laws to limit what financial institutions can charge in interest and fees.
Financial institutions like local banks must approve interest rates set by the Federal Reserve.

Question 4(Multiple Choice Worth 3 points)

Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. Which statement accurately supports her argument?
People would pay less in interest fees.
People would have greater protection in case of emergencies.
People would need to save for many years to buy a home or open a business.
People would support the economy through purchases of more goods and services.

Question 5(Multiple Choice Worth 3 points)

What is a benefit of a person borrowing money to start a business?
The business can help grow the economy and create jobs.
The business is more likely to earn greater profits faster.
The loan is less expensive than using cash.
The loan is likely to be paid off quickly.

Question 6(Multiple Choice Worth 3 points)

How can the U.S. government control financial institutions?
Voting on a new budget
Loaning money to state governments
Borrowing money from a foreign bank
Passing laws for credit card companies to follow

Question 7(Multiple Choice Worth 3 points)

What is one role of the U.S. Treasury?
Approve the federal budget
Approve federal deficits
Issue securities
Issue personal loans

Question 8(Multiple Choice Worth 3 points)

What is one role of the Federal Reserve?
Issue business loans directly to American companies to encourage economic growth
Control the market for securities to help encourage or slow economic growth
Provide banking services for federal employees
Approve increases to the federal deficit

Interest , Debit ; Money paid to the U.S. Treasury or Federal Reserve Bank to support the government ,An arrangement where a buyer obtains a good or service but pays for it later or over time

;Government and financial institutions do not interact with each other.

Financial institutions like the U.S. Treasury must approve increases in the government deficit.,Financial institutions like local banks must approve interest rates set by the Federal Reserve;Jessica thinks that everyone would be better off if financial institutions stopped issuing credit. Which statement accurately supports her argument?',People would support the economy through purchases of more goods and services.

;What is a benefit of a person borrowing money to start a business?

The business can help grow the economy and create jobs. , The loan is likely to be paid off quickly. ;Loaning money to state governments,Passing laws for credit card companies to follow Approve the federal budget ,

Approve federal deficits ; American companies to encourage economic growth , Control the market for securities to help encourage or slow economic growth