Answer:
A
Explanation:
Gross profit = total sales - total cost of sales
Answer:
The money supply will increase by 12,500 dollars
Explanation:
when the money is deposited the loan will make the required reveneus and start loans for the remained over and over
The multiplier effect will be 1/required reserve ratio: 1/0.2 = 5
we multiply 2,500 dollars times the money multiplier of 5
total icnrease inthe money supply: 2,500 x 5 = 12,500
All <u>national banks</u> become part of the federal reserve system.
<h3>What is federal reserve system?</h3>
Federal reserve system is a financial institution that is in charge of regulating and controlling money in circulation so as create a stable economy that will help to prevent of financial crisis.
National banks are also known as commercial bank and this commercial banks are under central bank supervision.
Therefore all <u>national banks</u> become part of the federal reserve system
Learn more about Federal reserve system here:brainly.com/question/1997750
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Answer:
Paul's learning style is that of a <u>Assimilator(a)</u>
Explanation:
- The Assimilating learning style lays emphasis on concept and logic.
- The people with Assimilative learning style prefer to gather wide range of information and then they organize it in clear ,logical format.
- These people are attracted towards logical theories like analytical models.