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ra1l [238]
3 years ago
11

Which of the following BEST defines a Political Action Committee (PAC)?

Social Studies
1 answer:
Inessa [10]3 years ago
4 0

In the United States, a political action committee (PAC) is a 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. ... This term is quite specific to all activities of campaign finance in the United States.
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Quick please!! HELP WITH THIS? personal fianance class!!
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A Companies may choose to move their business to a different country

Explanation:

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HOW DOES SOCIALIZATION INFLUENCE OUR EXPECTATIONS OF OTHERS AND Our behavior?<br> J
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2 years ago
Trey's older sister is playing a game with him. she hides the ball they are playing with, and trey quickly loses interest in the
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Theory of mind research indicates that by age 3, children realize that a. if you "know" something you are more certain than if y
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5 0
3 years ago
Which of the following statements is true?
spin [16.1K]

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>

<em />

<em>For more information on money supply, visit: brainly.com/question/15344073</em>

5 0
3 years ago
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