Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01
Answer:
The $200,000 represents the revenue and the $50,000 represents the profit.
Explanation:
Answer:
The money multiplier of the economy is 20
Explanation:
Money multiplier is the term of economics which is defined as the maximum amount, the money supply could rise grounded on the increase in the reserve in the system of banking.
The formula used for computing the money multiplier is as:
Money Multiplier = 1 / r
where
r is the reserve ratio that is 5%
So, putting the same value above:
Money Multiplier = 1 / 5%
Money Multiplier = 20
She will have to work 6 hours.
