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:
Sensation
Explanation:
The sensation is a long process of our brain. In this process, our five senses collect the information from the environment and send it to the brain for further process in the brain.
Sensation happened from our five senses vision, hear, taste, smell, and touch. These senses have their neural pathway through which these sends the information rapidly to the brain.
We do not have senses we could not feel the sunny day, smell of a flower, taste of food and texture of fur. So that in the above context all process is related to our senses.
The U.S. military would act like the owners of all the land and the native americans would attack the U.S. for there land back
Psychological models are tools social scientists use to describe, explain, change and sometimes terminate behaviors
- The biological, behavioral, cognitive, and psychodynamic models are the four basic theories used to explain psychiatric disorder. From various perspectives, they all make an effort to elucidate the reasons and remedies for all psychiatric diseases.
<h3><u>The psychological model of mental health is what?</u></h3>
- The approach suggests that a person's unique experiences, together with biological and social circumstances, contribute to mental illness through their joint influence on those psychological processes.
- The use of models is crucial in psychology. They assist us in thinking more clearly and stop us from deluding ourselves into believing that we have correctly grasped or described anything.
To Learn more about Psychological Models, Click the links.
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