Which of the choices below describe the u. s. federal reserve? (check all that apply) a) orders money from the u. s. bureau of engraving and printing every month. b) stores money and destroys old currency. c) people in need. d) orders money from the u. s. bureau of engraving and printing based on growth rate and distribution rate. e) responsible for u. s. monetary policy, which influences how much money and credit will be available to the u. s. economy. f) the federal reserve board distributes the money between 12 federal reserve banks across the country. g) prints money.

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan