Answer:
law of diminishing marginal utility i hope this helps<3
Explanation
Answer: Energy Crisis
, Iran Hostage crisis
, High Inflation.
Explanation:
As the 39th president of the United States, Jimmy Carter strived to fight the nation’s high unemployment, increasing inflation and the consequences of an energy crisis that had begun in the early 1970s.
Most business heads, as well as the general public, accused Carter for the nation’s lasting strains, claiming he didn’t hold an effective policy.
He was especially damaged late in his presidency by the hostage crisis in Iran. Carter´s inability to free the hostages deemed his government as inept and inefficient.
By 1980 he was defeated in the general election by Ronald Reagan.
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.
