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>
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Explanation:
According to my research on studies conducted by various medical professionals, I can say that based on the information provided within the question the health care provider will tell you what the Western Blot measures. This test is a more sensitive assay that looks for any antibodies to specific viral antigens within the body.
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False? I’m sorry if I get it wrong :(
Ancient Greek philosophers first described deductive reasoning. One of them was Aristotle, according to which deductive reasoning is a process of reasoning from the general to the specific, and it is supported by a deductive logic. A deductive logic is that according to which for every general claim or action there is an opposite and equal claim or action. For example, from the general claim that all ravens are black birds, the opposite and equal claim is that this bird is a raven and therefore is black.
