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:
its
Explanation:
(C) i had to do that 1 and got it right
Explanation:
I mess up everything I try to do. So the don't like my help :(
1. A. The Hague Netherlands
5. A. Communism
Answer:
Presence of inorganic molecules
Explanation:
This prediction is often debated as a part of origins of life.
Inorganic molecules do not contain carbon and cannot be considered as biological organism. One theory predicted that before the first life form exist, early atmosphere is covered in inorganic molecules. Over time, the interaction with inorganic molecules and lightning might cause a reaction that resulted in the formation of building blocks amino acids and nucleotide, which eventually evolved into living organism.
