correct answer is AFRICA MISSED OUT ON GENERERATIONS OF ECONOMIC...
Answer:
Providing grants-in-aid
Explanation:
Grant-in-aid is a money transferring aid in which money is transferred for a specific purpose. The money is transferred from the federal government to the other.
There are three types of grants-in-aid:
- Block Grants
- Project Grants
- Categorical Grants
<u>This a powerful tool of the federal government as through this, the federal government controls the state and gets the desired actions from them. </u>
So, the correct answer is grant-in-aid.
Answer:
C). The local government's ability to improve the lives of its citizens, when committed to doing so.
Explanation:
The Malagasy development program elucidated in the chapter would demonstrate the significance of 'the local government's potential to improve the lives of its citizens, when committed to doing so'. The chief aim of a government is to ensure the growth and development of its citizens without any fail and if it is committed to do so through the various programs or policies like 'Malagasy development program', then it carries all the necessary ability to ensure the efficient development and promotion of the living standards of its citizens. Therefore, <u>option C</u> is the correct answer.
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>
<em />
<em>For more information on money supply, visit: brainly.com/question/15344073</em>