Explanation:
Active Voice:- The fire damaged the buildings. Passive Voice:- The buildings were damaged by the fire
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:
Direct
Explanation:
In trying to protect oneself from communicable disease, the best way is to make use of personal protective equipment otherwise known as PPE. This protective equipment includes gloves, a lab coat, specified boots, etc
However, where there is a ripped or punctured glove in the PPE there is a greater risk of having DIRECT contact when you continue to work with such rioted or punctured gloves.
The correct answer would be, Philosophy is a necessary discipline.
Yes philosophy is a necessary discipline even after the progress of Science and Technology.
Explanation:
When the fundamental nature of knowledge, reality and existence is being studied, especially in academic disciplines, it is called as Philosophy.
Philosophy is something which is needed to be studied for every other educational or professional discipline in order to know the real essence or the idea behind them. When we won't understand the philosophy of anything, we won't be able to understand the thing itself.
Philosophy is a necessary Discipline, whether there is a progress in Science and Technology, Philosophy will always be a necessary unavoidable discipline because it covers the most ground of any academic discipline.
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Answer:
It's capitalism
Explanation:
Capitalism is the guiding economic philosophy of the free enterprise system.
