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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They outline a guide to the life of the followers of their religions
Sorry, I'm not sure.
I would suggest asking a trusted adult or teacher or redoing the lesson. Cheating isn't a good path: you will not do well in the future if you always search for answers on the internet.
Children are gifts from God and so therefore should not be exploited. The statement about child soldiers in Sierra Leone as a belief of international NGOs, or a belief of Sierra Leoneans are:
The Beliefs of Sierra Leone:
- They believe that children can be breadwinners.
- They also believes that children can be fostered by other families.
The Beliefs of the international NGOs:
- They believe that children should not work.
- They also believes that children should be raised by their own family.
In some countries of the world, a lot of children are exploited. Countries like Sierra Leone and Congo often have young children serving as soldiers in armed conflicts.
There boys and girls often of 8 years old, that serve in government forces and armed opposition groups.
A lot of work is being put in place to prevent the use of child soldiers.
Learn more from
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