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>
For property to be held in common and the end of government.
The main function of the cell nucleus is to control gene expression and mediate the replication of DNA during the cell cycle. The nucleus is an organelle found in eukaryotic cells. Inside its fully enclosed nuclear membrane, it contains the majority of the cell's genetic material.
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Answer:
The Pax Romana is a roughly 200-year-long timespan of Roman history which is identified as a period and golden age of increased as well as sustained Roman imperialism, order, prosperous stability, hegemonial power and expansion, despite a number of revolts, wars and continuing competition with Parthia.
Pax Romana, (Latin: “Roman Peace”) a state of comparative tranquillity throughout the Mediterranean world from the reign of Augustus (27 bce–14 ce) to the reign of Marcus Aurelius (161 –180 ce). Augustus laid the foundation for this period of concord, which also extended to North Africa and Persia
This 200-year period saw unprecedented peace and economic prosperity throughout the Empire, which spanned from England in the north to Morocco in the south and Iraq in the east.
Explanation:
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