The true statement is that: <em>There is an inverse relationship between the </em><em>quantity of money</em><em> demanded and the </em><em>interest rate.</em>
In economics, money can be defined as any asset used by an individual or business entity to make purchases of goods and services at a specific period of time.
Simply stated, money refers to any asset which can be used to purchase goods and services by customers.
This ultimately implies that, money is any recognized economic unit that is generally accepted as a medium of exchange for goods and services, as well as repayment of debts such as loans, taxes across the world.
An interest rate can be defined as an amount of money that is charged as a percentage of the total amount borrowed by a borrower from a creditor or financial institution.
On a related note, there exist an inverse relationship between the quantity of money demanded by a borrower and the interest rate charged by a creditor or lender. Thus, when the interest rate is high, the quantity of money demanded decreases (falls) while the quantity of money demanded increases (rises) when the interest rate is low.
<em>In conclusion, borrowers are more likely to demand for</em><em> money</em><em> when the </em><em>interest rate</em><em> is low and vice-versa.</em>
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<em>For more information on money supply, visit: brainly.com/question/15344073</em>
Answer:
1 )The land west of the Mississippi was unsuitable for farming and white settlers wanted to move to the Southeast where Native Americans lived. They wanted the government to move the Native Americans to the Plains so the whites could settle in the Southeast for farming.
2 ) Little thought had been given to these, and in the crowded and unsanitary conditions, measles, whooping cough and dysentery took a terrible toll throughout the summer. After most of the Cherokee had been collected, relocation by boat began in August, but drought had made Tennessee River unusable.
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Explanation:
Russification is a name of a policy by Alexander III
The front and rear sonar systems, on the 2023 z, alert the driver when they begin to beep endlessly.
<h3>What is sonar system?</h3>
Sonar system is simply denotes to a method for finding and approximating distance and direction. On the 2023 Z, when the front and rear sonar systems start to beep nonstop, the driver is informed.
Therefore, the warning is given for beeping continuously.
Learn more about the sonar system, refer to:
brainly.com/question/22046839
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Answer: The business could not use the money it spends on the new
branch for something else
Explanation:
Opportunity cost is what we forgo in order for us to have something else. In this case, if the company opens the branch in China, the the business will have to spend a lot of money to make the branch operational.
Therefore, the opportunity cost of this is that the money that will be used to make the branch operational could have been used for something else. Therefore, the correct option is C.
