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>
Having goals means that a person has an idea of what he or
she wants to do with his or her life. It
gives a person something to strive for.
From having goals, a person has blueprint for the future. All that person needs to do is take the
necessary steps to reach that goal.
Apart from finding out what that person needs, that person must also be
committed. It is one thing to have a
goal but a person must stick the plan and focus if that person wants that goal
to become a reality. <span>
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Answer:
"When the man shot several people in a warring country, he faced charges regarding terrorism and faced an execution squad."
Answer:
separation of powers
Explanation:
The Madisonian Model of government is based on the principle of <u>separation of power</u>.
The Madison model is based on the structure of government whereby power is separated into executive, legislative and judicial branches.