Over time, with changes in the demand for loanable funds and the supply of loanable funds change the real interest rate will occur. The interest rates will increase with the increase in demand and decrease with increase in supply.
Loanable funds is the sum total of all the money people and entities in an economy have decided to save and lend to borrowers as an investment rather than personal use.
Interest rates can determine how much money lenders are willing to save and invest. When the demand for the loanable funds increases it pushes the rates up, and when the supply of the loanable fund decreases it pushes the rates lower.
Central banks can manipulate the interest rates to influence the economy.
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Answer:
Lincoln exempted the border states from the proclamation because he didn't want to tempt them into joining the Confederacy. Because the proclamation was a temporary war measure, it later had to be codified into law with the 13th Amendment to the Constitution.
Elastic demand is demand for a product is sensistive to orice change
Answer:
NFC technology
Explanation:
NFC stands for near-field communication , which consist of a set of protocols that allows two devices to exchange information.
In the examples above, the flow of information occurred from the phone (which contains the data regarding how much money you put in) and the terminal (which contains data regarding product price). By tapping the phone, the consumers initiate the exchange of information and the balance in the phone will be automatically deducted by the price in the terminal.
