Answer:
The struggle between the U.S president Jackson and the Second Bank of the United States was called bank war.
Explanation:
The Bank war was a conflict and vicious struggle undertaken by President Andrew Jackson in the 1830s against the Second Bank of the United States, a federal institution that Jackson was trying to destroy. The Second National Bank 's collapse contributed to the panic of 1837 and all that added to it and had a deep influence on the American political structure resulting in the development of a two-party political system. The occurrences of the Bank war made the critics of Andrew Jackson extremely angry, triggering them to form a new party, the Whigs. Jackson commanded his treasury secretary to erase investments from the Second Bank and move them to privately owned state or “pet” banks.
Answer:
The cost price was increased by 33.33 % to provide this profit
Explanation:
Given:
Cost price = $3
Selling price = $4
Gross profit = $1
To Find:
Profit percentage =?
Solution:
Profit Formula calculates the net gains or losses incurred by subtracting total expenses from total sales.
Now profit = 4 - 3 = 1
Now the profit percentage can be found by
=
=
=
= 33.33%
When the price increased<span> two things happened: (1) plywood was rationed </span>to<span> its most important uses (not doghouses or decks), and (2) the high </span>prices<span> were an incentive for more plywood </span>to <span>be ... As we </span>can<span> see on the demand graph, there is an inverse relationship between </span>price<span> and </span>quantity <span>demanded.</span>
