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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Many African countries are anyway struggling with money, and receiving a lot of foreign help. Having debt only makes their financial situation worse and increases the need for foreign help. So in a way, richer countries give money to African countries so that the African countries can give it back- this is not optimal.
Another reason is that a stronger Africa could buy more goods from other countries, and the economy of other countries would increase, too.
Answer:
made a necessary change to the Bill of Rights.
Explanation:
Prior to Roe V. Wade, the right to privacy already acknowledged but never really extended to women's decision regarding what to do to their body. (It's only protect things such as banning companies from spying on their phone conversation, or prohibiting parents from entering their children private room, etc)
But after Roe V. wade, a necessary change was added to the Bill of Rights. The Right of privacy now extended to women's privacy to choose the actions that they do to their own body. This became a landmark decision that legalize abortion in united states.
Answer:
Good night to you too
Explanation:
have a wonderful night
sweet dreams
sleep tight
and also don't forget to dream bout me:))
C! The Patriots used silent meetings with the COC
