Answer:
d. the interest rate adjusts to balance the supply of, and demand for, money.
Explanation:
In Keynes's view, the interest rate is the premium that economic agents get for delaying the consumption that satisfies them. This is why people decide to save rather than consume. Thus, the consumer decides between present consumption or future consumption, depending on the attractiveness of the interest rate practiced in the market. In other words, the interest rate acts as the beacon between supply and demand for money. When the interest rate is attractive, savers forgo current consumption and save for extra income.
Lago uses the not particularly delicate imagery of a ram fornicating with a sheep to describe Othello and Desdemona's elopement. Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.
Answer:
Savannah or tropical climate is experienced between 5° North and 15° South of the Equator
Answer:
Explanation:
Aristotle the legendary Greek philosopher said, “Man is by nature a social animal; an individual who is unsocial naturally and not accidentally is either beneath our notice or more than human. Society is something that precedes the individual.” Man cannot live alone
