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:
<u>c. Laboratory experiments have a high degree of control and may create an artificial atmosphere.</u>
Explanation:
A limitation of laboratory experiments is that the environment in which the experiments take place, is very much calculated and controled. This means that it is artificial, and this wll affect the generalization of the findings considering a not cotroling environment such as a real environment.
I believe the answer is: Pontiac
At that time, Native American tribes were banned from occupying The Great lakes region by the british empire.
Even though not many historians acknowledge this, In 1763, he led a group of revolutionaries to eliminate British influence in this region, which later know as the Battle of the Bloody Run.
Answer:
Explanation:
Your question has one part only: <em>a) The average weight of the eggs produced by the young hens is 50.1 grams, and only 25% of their eggs exceed the desired minimum weight. If a Normal model is appropriate, what would the standard deviation of the egg weights be?</em>
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<h2><em>Solution</em></h2><h2><em /></h2>
You are given the <em>mean</em>, the reference value, and the <em>percent of egss that exceeds that minimum</em>.
In terms of the parameters of a normal distribution that is:
- <em>mean</em> =<em> 50.1g</em> (μ)
- Area of the graph above X = 51 g = <em>25%</em>
Using a standard<em> normal distribution</em> table, you can find the Z-score for which the area under the curve is greater than 25%, i.e. 0.25
The tables with two decimals for the Z-score show probability 0.2514 for Z-score of 0.67 and probabilidad 0.2483 for Z-score = 0.68.
Thus, you must interpolate. Since, (0.2514 + 0.2483)/2 ≈ 0.25, your Z-score is in the middle.
That is, Z-score = (0.67 + 0.68)/2 = 0.675.
Now use the formula for Z-score and solve for the <em>standard deviation</em> (σ):
Answer:Groupthink
Explanation:
It was postulated by the Psychologist called Irving Janis in 1972. Groupthink is when individuals come together to make certain decisions collectively while discarding their personal beliefs and making sure there is no form of dissent. This decisions however may not be the best or optimally efficient.
