Race is your skin color and ethnicity is your cultural
Answer:
Calvinism was based around the absolute power and supremacy of God. The world was created so that Mankind might get to know Him. Calvin believed that Man was sinful and could only approach God through faith in Christ – not through Mass and pilgrimages.
Because textiles where a major source of income for britain.
<span>eliminated in the north. That's the right answer. </span>
Answer:
When the required reserve ratio is high, banks must loan out a smaller portion of their reserves resulting in fewer loans.
Explanation:
Required reserve ratio is the amount of liabilities in which a bank must hold on to. The banks are meant to loan very little or none of this reserve ratio.
These reserves are normally kept in vaults and useful for emergency in the case of demand of withdrawal of a huge amount from the bank. This explains why the banks must loan out a smaller portion of their reserves which results in fewer loans.
