“Interest rates are down to the lowest they have been in ten years! Hurry by and get the loan you have been wanting! You can buy that car! Build the addition! Go on an amazing vacation! These rates won’t last long!”–Newspaper ad

What does this advertisement tell you about the current economy?

Banks lowered the interest rates they charge for loans. The money supply will decrease, leading to fewer sales for many businesses.
Banks lowered interest rates to decrease the money supply. People will get fewer loans and purchase more products and services.
Banks lowered the interest rates they charge for loans. The money supply will increase, leading to more sales for many businesses.
Banks lowered interest rates to increase the money supply. People will get more loans and purchase fewer products and services.

Answer:

the third statement should be the correct one

Which statement best explains the difference between a bank and a credit union?

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.

Which of the following was signed by the colonists to separate themselves politically from Britain?