Households dissave when en their consumption exceeds their incomes. The extra money comes from two sources: credit and past incomes, also known as savings. When a house dissaves it can either borrow money from financial institutions or spend money that was previously saved. Everyone cannot dissave at the same time because banks would not have enough money to fund everybody's excessive consumption.
<u>E. Establish clear processes,</u> when it comes to collaborative writing
<u>Explanation:</u>
Two or more persons involve in writing a document is known as collaborative writing. This is also known as <u>group writing</u>.
Collaborative writing is commonly followed in many business forums and also in technical writing. During collaborative writing, the writers must establish clear process.
Collaboration helps in expanding the ideas and thoughts of the topic. Collaboration reduces complexity and difficulty in performing the task. Collaboration writing helps the weaker writers to grow their skills.
Britain’s debt from the French and Indian war led it to try to consolidate over its colonies and raise revenue through direct taxation generating tensions between Great Britain and its North American colonies.
The correct answer is:
Both home prices and mortgage interest rates tend to be lowest during recession
An economic recession is a period of time were economic activity slows down. Recessions generally occur when there is a drop in spending. This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. during this period home prices and mortgage interest rates are very low so this is benefitial for homebuyers.
