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>
<span>the word "science" defines everything around us and
beyond our human imagination. understanding science is always a lot tougher
than other topics and it requires a mind and brain far more sophisticated than
the average level. if one reads a science article, he /she must always look for
author's biases. an author's bias is basically his/her opinions and theory. but
most of the time, science articles always has author's biases to be unbiased
cause it is a factual interpretation. if the author is biased, then the facts
or ideas could be misinterpreting and could lead to some false concepts and
news.</span>
<span>Machines, energy, and skills are examples of capital.</span>
People can apply for citizenship and receive a green card, get married to a U.S citizen, or have a parent who was born in the U.S
42 is the answer I’m going for
