In 4 to 6 sentences, explain the savings-borrowing-investing cycle.

1 answer:

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The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital. They then use this capital to invest in their future, which then allows them to bring in more money. They then are able to use income to pay off their loans and to save.

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An enumerated power is a power of Congress that is A. specifically named in the Constitution.

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to confirm preexisting beliefs

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