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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Answer:
the correct answer is A), obviously xd
The correct answer would be, the social construction of mental illness.
They were also thought more likely to give birth to children who were also Feebleminded. Today this attitude seems ridiculous. This is an example of the social construction of mental illness.
Explanation:
Feebleminded people are the people who are unable to make wise and timely decision about any situation. They are mentally unstable and ill. They are generally called foolish or half baked people.
In the early twentieth century, women who were feebleminded were thought to give birth to the children who will also be feebleminded, but with the passage of time, mental illness has been accepted socially by people and they have understood a lot that it is not necessary that feebleminded women reproduce feebleminded offspring. This is called the social construction of mental illness.
Learn more about Mental illness at:
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Answer:
This was the largest event in the city's history and it helped establish Atlanta as the business and sports capital of the Southeast. Atlanta spent millions of dollars in preparation for the Games, including building new sports venues, improving streets and sidewalks, and altering housing patterns.
Explanation:
This is an example of <em>framing</em>
The response of the clients towards a product depends on how the data about it is presented.
