Answer:
~It can be inexpensive to set up
~Many types of business taxes are not required
~Owners can keep profits for themselves
Explanation:
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:
is there an way u can zoom in?
Explanation:
William Shakespeare lived more than 400 years ago during a period of English history known as The Elizabethan Age, named after Queen Elizabeth l
Answer: A) greater rights for common people.
Rousseau argued for a democratic government to rule developed countries. He claimed that the government was in place only through an implicit social contract between the people and the government. This contract ensured that the needs of the people for safety and resources were fulfilled in exchange for the loss of some of their liberties.
However, he argued that in most systems, this contract was broken, because the government was not fulfilling its side of the bargain. According to Rousseau, the power and sovereignty of the country laid with the common people. Therefore, the fulfillment of their common needs and desires (the common will) was the main goal of the state.
