Answer:
The borrowing will be reflected in a <u>Current account deficit</u>, balanced by a <u>Financial account surplus</u>
Explanation:
Current account deficit: this is an element of a country's balance of payment, which includes the total borrowings and the interest paid on the debts already received.
Financial account surplus: this is an element of a country's balance of payment which includes its value of its foreign exchange reserves. International accounts shows the wellness of a country's economy.
a good domestic saving and its investment in infrastructure will help to scale up trade and investments within the economy.
People regarded a house as a good investment which paved the way to an increased demand for housing as well as increasing the prices. This gave confirmation to people that housing was a good investment which led to the increase in demand and resulted to an upward spiral driven by positivity.<span> </span>
Answer:
A) folkways.
Explanation:
William Graham Sumner was an American sociologist who coined the term folkways, in his book "Folkways: A Study of the Sociological Importance of Usages, Manners, Customs, Mores, and Morals (1906)". Folkways are the norms of casual interaction emerged from routine or repetition. folkways are shared habits of a group of people, which do not have moral significance and severe consequences.
As per the question, Ifeanyi's exposure to the new social norms is an example of folkways.
the practice of growing crops and raising livestock sufficient only for one's own use, without any surplus for trade.
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