A. Double Jeopardy. I honestly don't know how to explain this one it's just there lol
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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<em>For more information on money supply, visit: brainly.com/question/15344073</em>
Answer:
1980's
Explanation:
Latin America's "lost decade" -
In the year 1980 , the latin America faced a huge slowdown in the economy , which affected the lives of peoples a lot , is referred to as the Latin America's lost decade .
Huge financial crisis was faced by the Latin America .
It is also known as La Década Perdida in latin , meaning , " The lost decade " .
Hence , from the given information of the question ,
The correct answer is 1980's .
The concept of semantic network model of memory states that concepts that are related in meaning are store in the sit of memory closer to each other than concepts that are not so related. Semantic memory is one of the types or explicit memory. This are knowledge that are accumulated throughout our lives.