Why do banks charge higher interest rates on loans?

Why do banks charge higher interest rates on loans? When demand is low, such as during an economic recession, like the Great Recession, which officially lasted between 2007 and 2009, banks can increase deposit interest rates to encourage customers to lend, or lower loan rates to incentivize customers to borrow. Local market considerations are also […]

What did Sheikh Khalifa do for UAE?

What did Sheikh Khalifa do for UAE? On 1 February 1969, Khalifa was nominated the Crown Prince of Abu Dhabi, and on the next day he was appointed Head of the Abu Dhabi Department of Defense. In that post, he oversaw the build up of the Abu Dhabi Defense Force, which after 1971 became the […]

Who must yield at T intersections?

Who must yield at T intersections? Right-of-way rules at a T-intersection. At an uncontrolled T intersection, the driver on the street which ends must yield the right-of-way to vehicles and pedestrians on the cross street. Some T-intersections have additional YIELD or STOP signs installed to remind drivers that they have to give way to cross […]

What was the first country to have slaves?

What was the first country to have slaves? Slavery operated in the first civilizations (such as Sumer in Mesopotamia, which dates back as far as 3500 BC). Slavery features in the Mesopotamian Code of Hammurabi (c. 1860 BCE), which refers to it as an established institution. How did the British get slaves from Africa? In […]

What are 7 states of matter?

What are 7 states of matter? The seven states of matter that I am investigating are Solids, Liquids, Gases, Ionized Plasma, Quark-Gluon Plasma, Bose-Einstein Condensate and Fermionic Condensate. Solid Definition – Chemistry Glossary Definition of Solid. What are the 12 states of matter? Bose–Einstein condensate. Fermionic condensate. Degenerate matter. Quantum Hall. Rydberg matter. Rydberg polaron. […]

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