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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Because they have been stuck in a caravan??!!!
Answer: Babylonians came after Akkadians and Sumerians so it is important to bear this in mind because many of their skills were inherited from previous cultures and some of these skills can be viewed as an extension of Sumerian and Akkadian culture/civilization (Sumerian language continued being language of liturgy, some old Sumerian religious cults were still there, Sumerian mythology was still present, astronomy and mathematics and cuneiform characters were inherited). Day divided in 24 hours is a Babylonian invention, circle divided in 360 degrees is also Babylonian invention, capacity to predict lunar eclipse and discovery of lunation (and their symbolic interpretation) is a Babylonian invention. Big part of all that was acquired/inherited by old Greek thinkers (Thales for example).
Explanation: There is no doubt that astronomy/astrology is of Sumerian/Babylonian origin and this knowledge was spread in Middle East and later it came to Greece. Egyptian and Greek (and later western) astrology was influenced by Babylonian astrology. Many predictive techniques and divinations we can found among Egyptians and Greek were of Babylonian origin (study of planetary secondary progressions, eclipses etc.).
The cottage industry paid peasants to produce products
Answer:
By agreeing to follow the rule of law, the United States can prevent abuses of power by leaders who might act as if they are above the law. Another important ancient Greek concept that influenced the formation of the United States government was the written constitution.
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