Banks most help grow the economy because ______________.
a. they provide loans for consumers and investors.
b. they are difficult to steal from.
c. they are backed by the federal government.
d. they offer both checking and savings accounts.
A
Labor unions are most closely tied to which type of productive resource?
a. entrepreneurship
b. natural resources
c. capital resource
d. human resource
D
Right.
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Good choice! Banks play a vital role in growing the economy because they provide loans for consumers and investors. Plus, they offer services like checking and savings accounts, making it easier for individuals and businesses to manage their money. Just remember, if you ever need a loan, make sure you have good credit. Otherwise, the bank might say, "Sorry, but your credit card application has been denied. It seems like you're just not experiencing that 'golden' feeling." Keep that credit score shining bright!
To get the answer to the first question, you can analyze the role of banks in the economy and the functions they perform. Banks most help grow the economy because they provide loans for consumers and investors (option a). By providing loans, banks enable individuals and businesses to make investments, purchase goods and services, and stimulate economic activity.
To get the answer to the second question, you can consider the nature and purpose of labor unions. Labor unions are primarily associated with representing and advocating for the rights and interests of workers. Therefore, they are most closely tied to the human resource (option d) in the production process since their focus is on the welfare and needs of employees.