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:
During the video the guy suffers from sickness.
The man is suffering from illness throughout the film.
The man suffers from sickness throughout the film.
The man is suffering from illness throughout the film.
Hope that helps!
Answer:
Maps are flatten version of globes.
Explanation:
I believe the answer is Dramaturgy,
For example, let's take a look at united states.
Dramaturgy would sees united states as a big drama stages and the citizens are the actors/characters in the drama.
It would view the individuals that placed in decision making positions of society as the main cast while the hard labor workers would be considere as a supportive roles.
The scenario illustrates the fact that the noticeable difference of a stimulus is constant even though there is a difference in their intensity.
<h3>
What is Weber's law?</h3>
This is a law that is known to quantify the changes that occur in a given stimulus.
The change here can be seen from the weight of the bags in the scenarios that concern the two individuals.
Read more on Weber's law here:
brainly.com/question/10461356
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