When interest rates on borrowed money are lower, it becomes cheaper for individuals to borrow money, as they must pay less additional money as interest. Thus, they tend to borrow more money and use it to purchase more things. The opposite occurs when interest rates increase.
When interest rates on invested money are lower, people make less return off of their investments, so they tend to invest less. Again, the opposite occurs when interest rates increase.
Answer:
True
Explanation:
Without a constitution the country will fall into chaos. They need the constitution helps the country to run smooth.
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The indirect approach, focusing on logic, because I don’t have a reliable reputation with my audience yet and wouldn’t be considered a reliable source.
Answer:
Enacted in 1820 to maintain the balance of power in Congress, the Missouri Compromise admitted Missouri as a slave state and Maine as a free state.
Explanation:
