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telo118 [61]
3 years ago
14

What effects do you think a drop in housing prices would have on the overall economy

Social Studies
1 answer:
Irina18 [472]3 years ago
6 0
"<span>When housing prices fall, consumers are more likely to </span>default<span> on their home loans, causing banks to lose money. Also, home equity dries up, meaning that consumers have fewer funds available for spending, saving, investing or paying down their debts. Sometimes, banks are even forced to shut down."</span><span>

Read more: How does a decline in housing prices affect the banking sector? | Investopedia http://www.investopedia.com/ask/answers/032315/how-does-decline-housing-prices-affect-banking-sector... 
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According to the text, we must not confuse self-love with ________________, a distorted and self-absorbed view of our perfect se
jeyben [28]
The answer is narcissism. 

<em>Hope this helped! :)</em>
4 0
3 years ago
The economy goes into decline, and many people suffer monetary loss. Which reason best explains why the federal government would
ad-work [718]

Answer:

The correct answer is Option "b. The value of the currency would increase"

Explanation:

The government through the central bank can adopt a variety of measures to control the amount of money supply in the economy. The state uses a combination of monetary and fiscal policies to this effect.

In the given example, the federal government would not print more money due to the implications it has not only on the value of the currency but also on other macroeconomic variables such as interest rates and inflation.

By printing money, there would be an excess amount of money supply in the economy. That would make each dollar in the economy worth less than what it was before. This puts downward pressure on interest rates and boosts inflation as well.

Due to higher inflation, a greater amount of money would be required to continue with normal business which would again cause the need to further increase money supply. Using the law of simple demand and supply, the value of money would keep lowering as money supply is kept increasing. This is why a government might elect to not print money.

3 0
4 years ago
Explain specific features of social development.​
Marianna [84]

<em>Hey </em><em>mate</em><em>!</em><em>!</em>

<h2><em>Features </em><em>of </em><em>social </em><em>development</em><em>:</em></h2>
  • <em>Social </em><em>development</em><em> </em><em>is </em><em>a </em><em>dynamic </em><em>and </em><em>universal </em><em>process.</em>
  • <em>The </em><em>pace </em><em>and </em><em>limit </em><em>of </em><em>the </em><em>development</em><em> </em><em>of </em><em>society </em><em>is </em><em>unpredictable</em><em>.</em>
  • <em>It </em><em>brings </em><em>desired </em><em>changes </em><em>for </em><em>progress </em><em>and </em><em>prosperity</em><em> </em><em>of </em><em>the </em><em>society</em><em>.</em>
  • <em>It </em><em>is </em><em>the </em><em>outcome </em><em>of </em><em>the </em><em>planned </em><em>actions </em><em>and </em><em>visions.</em>
<h2><em>Hope </em><em>it</em><em> helps</em></h2>

<em>Good </em><em>luck</em><em> on</em><em> your</em><em> assignment</em>

3 0
3 years ago
Read 2 more answers
Although he finds it to be difficult and not much fun, Tomas puts in long hours practicing field hockey in the hope of getting a
statuscvo [17]

Answer:

The correct answer is d.) extrinsic motivation.

Explanation:

Extrinsic motivation is defined as a behavior that is motivated or fueled by an external stimuli, an stimuli outside the individual, as its opposed to intrinsic motivation which comes from inside the individual. Often in extrinsic motivation the external reward could be related with money, fame, praise; so in this order of ideas when Tomas practices long hours fo hockey but not because of the sport but for getting an athletic scholarship he's motivated by an external reward, therefore illustratin extrinsic motiviation.

7 0
3 years ago
If they spend all night writing computer programs, Laurence can write 10 programs while Carrie Anne can write 5. If they spend a
alukav5142 [94]

Answer:

Laurence has an absolute advantage in both programs and sunglasses

Explanation:

            "Absolute advantage" is used in economic terms which means the capability of an individual or organisation to produce or have an advantage of producing more product or services using the equal amount of resources is termed as having "absolute advantage" for that individual or organisation.

            Here while writing programs, Laurence wrote 10 programs while Carrie Anne can wrote 5 programs.

            And  while making sunglasses, Laurence made 6 sunglasses while Carrie Anne made 4 sunglasses.

           Thus it is seen that in both the cases, the productivity of Laurence is more than the productivity of Carrie Anne when using same amount of time.

Thus the answer is

"Laurence has an absolute advantage in both programs and sunglasses".

5 0
3 years ago
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