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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Answer:
Shown below
Explanation:
I won't because the return is small considering the loan period; I would ask for a renegotiation for $650.
The Raid on St<span>. </span>Augustine<span> was a military event during the Anglo-Spanish War in which the ... Expedition and was the last engagement on the Spanish main before Drake headed north for the Roanoke </span>Colony<span>. The expedition also forced the Spanish to abandon any settlements and forts in present-day </span>South Carolina<span>.</span>
Patients experiencing hypocalcemia will receive calcium gluconate.
Calcium gluconate is a medication used to manage hypocalcemia, cardiac arrest, and cardiotoxicity due to hyperkalemia or hypermagnesemia. It's far classified as a calcium salt. This activity outlines the symptoms, movement, and contraindications for calcium gluconate as a precious agent in managing hypocalcemia, cardiac arrest, cardiotoxicity because of hyperkalemia or hypermagnesemia, and different disorders as applicable. This interest will highlight the mechanism of motion, unfavorable occasions, and other key factors. The hobby is pertinent for members of the healthcare team who are engaged in the control of hypocalcemia, cardiac arrest, cardiotoxicity because of hyperkalemia or hypermagnesemia, and related conditions.
Calcium gluconate is the calcium salt of gluconic acid. Gluconic acid is an oxidation product of glucose. In comparison, there may be 272 mg of elemental calcium in a ten mL of 10% solution of calcium chloride, another calcium salt. Calcium gluconate is usually favored over calcium chloride because of the lower hazard of tissue necrosis if the fluid is extravasated.
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The correct answer is dependent and not drug abusive.
Angelina has had difficulty falling asleep for some time. She started taking a prescribed sleeping pill every night for her insomnia. Now, she needs the pill to fall asleep. Without it, she will toss and turn all night, getting little sleep. Angelina is <u>dependent and not drug abusive.</u>
