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Andrei [34K]
3 years ago
12

Can a n oligarchy include representative and democracy

Social Studies
1 answer:
BartSMP [9]3 years ago
5 0
Yes it can!

Oligarchy means a small group of people in the country having the power. This does not exclude representative democracy: the Oligarchs can represent some people's interests but not the whole population. This is the case for example when not all people have the right to vote: Slaves, women, non-citizens, etc.
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Suppose that a bank with no excess reserves receives a deposit into a checking account of $10,000 in currency. If the required r
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Answer:

Maximum money that bank can lend is  $50,000

Explanation:

Given data:

Amount deposit is $10,000

reserve ratio is 0.20

Maximum money that bank can lend is calculated as

maximum money = (deposit - reserve)× money multiplier

money multiplier = \frac{1}{reserve\ ratio}

money multiplier= \frac{1}{0.20} = 5

and reserve is zero hence

maximum money = (10,000 - 0)× 5

maximum money = $50,000

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Answer:

That statement is true

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According to Kuhn, the set of beliefs, values, assumptions, and a particular way of doing research which are accepted by a group
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